Word
brokerage
Phoneticsbro·ker·age, stress on the first syllable
US/ˈbɹoʊkɝɪdʒ/
UK/bɹˈəʊkɹɪdʒ/
Definitions
01a business or firm
C1 · Advanced Countable noun Technical
n. a company that acts as a middleman to help you buy and sell things like stocks, insurance, or houses.
n. a commercial firm or agency that acts as an intermediary between a buyer and a seller, typically in financial or real estate markets.
“He opened an account with an online brokerage to start investing in the stock market.”
“The merger between the two major brokerages created a dominant player in the retail investment sector, controlling billions in client assets.”
Usage
Often used as a countable noun when referring to a specific company.
02a commission or fee
C1 · Advanced Uncountable noun Technical
n. the money or fee you pay to a broker for helping you complete a deal.
n. the commission or service fee charged by a broker for executing a transaction.
“The brokerage on the sale of the house was five percent of the final price.”
“Investors should carefully calculate the total brokerage costs, as high transaction fees can significantly erode long-term portfolio returns.”
Usage
Usually uncountable when referring to the general concept of fees.
Synonyms
03the activity or profession
C1 · Advanced Uncountable noun Technical
n. the job or activity of acting as a broker.
n. the professional practice or occupation of acting as an intermediary in commercial transactions.
“She spent her entire career in brokerage, specializing in commercial shipping.”
“The regulatory environment for insurance brokerage has become increasingly complex, requiring practitioners to maintain rigorous compliance standards.”
Usage
Uncountable in this sense.
Synonyms
Real-World Examples
“Access to international banking giants and brokerages is extremely limited – and dwindling.” “Walk through the callback rule and the code word, and ask their bank or brokerage about adding a trusted contact they can call.” Etymology
From broker + -age.
Etymology adapted from Wiktionary, available under CC BY-SA 4.0.
Word family
NOUN
- Exam level
- CambridgeCambridgeCambridge English QualificationsThe exam suite from Cambridge University Press & Assessment, from A1 Movers up to C2 Proficiency. The benchmark names double as CEFR labels.C1 AdvancedIELTSIELTSInternational English Language Testing SystemThe 0–9 band test co-owned by the British Council, IDP, and Cambridge. Used for university entry, work, and migration.7.0–8.0TOEFL iBTTOEFL iBTTest of English as a Foreign Language, Internet-Based TestETS's academic English test, the standard route for US university admissions. Scored 0–120, with a 1–6 scale since 2026.1–6 scale: 5.0–5.595–113TOEICTOEICTest of English for International CommunicationETS's workplace English test, big in Japan and Korea. Listening & Reading scores 10–990 and tops out at C1.945–990
- Frequency
- Frequent
- Level
- C1 · Advanced
- Updated
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