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Brokerage: meaning, definitions and examples

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brokerage

 

[ ˈbroʊkərɪdʒ ]

Noun
Context #1 | Noun

financial services

Brokerage is the act of providing services to facilitate transactions between buyers and sellers in financial markets. It can refer to the business model of firms that engage in buying and selling securities on behalf of clients, as well as the fees charged for these services.

Synonyms

commission agency, financial services, intermediation

Examples of usage

  • She opened an account with a brokerage to start investing in stocks.
  • The brokerage firm offered a variety of investment options.
  • High-frequency trading is common in many brokerage houses.
  • They were charged a brokerage fee for the sale of their shares.

Translations

Translations of the word "brokerage" in other languages:

🇵🇹 corretagem

🇮🇳 ब्रोकरेज

🇩🇪 Brokerage

🇮🇩 perantara

🇺🇦 брокерська діяльність

🇵🇱 brokerage

🇯🇵 ブローカレッジ

🇫🇷 courtage

🇪🇸 corretaje

🇹🇷 aracılık

🇰🇷 중개업

🇸🇦 وساطة

🇨🇿 brokeraž

🇸🇰 maklérstvo

🇨🇳 经纪业务

🇸🇮 posredništvo

🇮🇸 sölufélag

🇰🇿 делдалдық қызмет

🇬🇪 ბროკერობა

🇦🇿 brokerlik

🇲🇽 corretaje

Etymology

The term 'brokerage' originates from the Middle English word 'brocer,' which means 'to broker' or 'to act as a broker.' The word 'broker' itself comes from the Old French 'broceur,' which means 'the one who breaks.' This is thought to refer to how the broker breaks (or facilitates) deals between parties. Brokerages evolved alongside trade as markets grew, with the needs for organized trading systems and regulations increasing in the 17th century. The establishment of stock exchanges further solidified the role of brokerages in the financial landscape, making them crucial in the exchange of securities and other financial instruments.

Word Frequency Rank

Ranked #11,670, this word falls into high-advanced vocabulary. It appears less frequently but is valuable for expressing precise meanings in specific contexts.