brokerage

brokerage definition - business

brokerage

  1. A business in which a fee is charged to bring together two or more parties in a transaction.
  2. The fee charged by a broker to transact business.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.