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Longman Dictionary English

From Longman Dictionary of Contemporary English
Related topics: Stocks & shares
brokeragebro‧ker‧age /ˈbrəʊkərɪdʒ $ ˈbroʊ-/ noun [uncountable] 1 BFSthe business of being a broker2 BFSthe amount of money a broker charges3 → brokerage house/firm
Examples from the Corpus
brokerage• Even insider-trading accusations against brokerages and managers of investment funds haven't hurt stocks' appeal.• Each brokerage Jongert is covered by a six-month shipyard guarantee and is backed by our comprehensive and reliable after sales service.• More advanced services include stock and mutual fund brokerage or trading services, currency trading, and credit or debit card management.• Think, for example, of the dilemma that Dave faced when he replaced George at the low-performing brokerage.• Another aspect of the brokerage function is the support for data management and traditional transaction services.• But it would not be new to the brokerage or mutual fund businesses.• Banks gave up 0. 74 percent as a group while brokerages fell 0. 84.
From Longman Business Dictionarybrokeragebro‧ker‧age /ˈbrəʊkərɪdʒˈbroʊ-/ nounFINANCE1[countable] (also brokerage house)ORGANIZATIONS an organization of brokersThe credibility of a brokerage or bank can disappear overnight, and when it does, so does the firm. → discount brokerage → full service brokerage → online brokerage2[uncountable] the work done by brokersIts basic business of retail brokerage is slow.The electricity company saved $520,000 in brokerage fees by selling the bonds directly to investors.
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Word of day

May 12, 2025

microscope
noun ˈmaɪkrəskəʊp
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