brokerage

noun
bro·​ker·​age | \ ˈbrō-k(ə-)rij How to pronounce brokerage (audio) \

Definition of brokerage

1 : the business or establishment of a broker
2 : a broker's fee or commission

Examples of brokerage in a Sentence

one of the country's largest brokerages She works for a brokerage firm.

Recent Examples on the Web

Investment banks and brokerages are the main go-betweens for money managers looking to buy and sell corporate bonds, about $25 billion of which trade daily in the U.S. Matt Wirz, WSJ, "Trading Firm Jane Street Challenges Wall Street," 5 Apr. 2019 Private-equity firm GTCR is leading a deal to buy insurance brokerage AssuredPartners Inc., a little less than four years after selling the company to Apax Partners. Laura Cooper, WSJ, "Apax Sells Majority Stake in Insurance Brokerage AssuredPartners Back to GTCR," 21 Feb. 2019 Wealthfront’s new cash-management account, essentially a brokerage account meant for cash, is offering a 2.24% annual interest rate, and Betterment LLC’s account, launched in August, offers 2.23% after fees. Lisa Beilfuss, WSJ, "Banks Are Paying Peanuts on Deposits. Robo Advisers Are Offering Higher Rates.," 1 Mar. 2019 John Buckley has joined Finial Group as an associate on the brokerage and leasing team. Houston Chronicle, "People in business," 28 June 2018 The data cover Fidelity’s 20.8 million retail brokerage accounts. Stan Choe, The Seattle Times, "For young investors, jumpy market presents first big test," 28 Jan. 2019 The two banks have discussed ways to broaden their partnership, including by selling Morgan Stanley’s retail brokerage services to MUFG’s customers in Japan. Liz Hoffman, WSJ, "The Muscle Morgan Stanley Flexed in the $74 Billion Bristol-Myers Deal," 4 Jan. 2019 Joint or individual brokerage account Saving for something other than retirement or college? Ellen Sheng, Marie Claire, "A Beginner's Guide to Investing," 2 Jan. 2019 Industrial availability in Los Angeles and the nearby Inland Empire region was 4.6% and 6.3%, respectively, in the fourth quarter, according to real-estate brokerage CBRE Group Inc. Erica E. Phillips, WSJ, "Import Wave Jams California Warehouses," 17 Feb. 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'brokerage.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of brokerage

15th century, in the meaning defined at sense 1

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Statistics for brokerage

Last Updated

17 May 2019

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Time Traveler for brokerage

The first known use of brokerage was in the 15th century

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More Definitions for brokerage

brokerage

noun

English Language Learners Definition of brokerage

: the business of a broker

brokerage

noun
bro·​ker·​age | \ ˈbrō-kə-rij How to pronounce brokerage (audio) \

Legal Definition of brokerage

1 : the business or establishment of a broker
2 : a broker's fee or commission

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More from Merriam-Webster on brokerage

Spanish Central: Translation of brokerage

Nglish: Translation of brokerage for Spanish Speakers

Britannica English: Translation of brokerage for Arabic Speakers

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