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brokerage
noun
bro·ker·age
ˈbrō-k(ə-)rij
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
Robinhood — Shares of the brokerage platform tumbled 10% as third-quarter results missed Wall Street’s expectations.
—Brian Evans, CNBC, 30 Oct. 2024
If someone took advantage of the NUA treatment by transferring the shares to a brokerage account and held the shares until death, the heirs do not increase the tax basis of the shares.
—Bob Carlson, Forbes, 26 Oct. 2024
Per August 2024 disclosures from the Federal Election Commission, the Ohio senator has somewhere between $4 and $11 million in assets—including three homes, a hefty brokerage account, and a stake in two businesses—and between $750,000 and $1.5 million in liabilities—mostly his mortgage.
—Jane Thier, Fortune, 26 Oct. 2024
Some major brokerages, however, see long-term value in the stock.
—Reuters, CNN, 22 Oct. 2024
See all Example Sentences for brokerage
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Word History
First Known Use
15th century, in the meaning defined at sense 1
Time Traveler
The first known use of brokerage was
in the 15th century
Dictionary Entries Near brokerage
Cite this Entry
“Brokerage.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/brokerage. Accessed 24 Nov. 2024.
Kids Definition
brokerage
noun
bro·ker·age
ˈbrō-k(ə-)rij
1
: the business of a broker
2
: the fee or commission charged by a broker
Legal Definition
brokerage
noun
bro·ker·age
ˈbrō-kə-rij
1
: the business or establishment of a broker
2
: a broker's fee or commission
More from Merriam-Webster on brokerage
Nglish: Translation of brokerage for Spanish Speakers
Britannica English: Translation of brokerage for Arabic Speakers
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