noun the business of buying and selling goods or assets for others
In real estate, brokerage refers to the business of acting as an intermediary between buyers and sellers of properties.
In the finance industry, brokerage refers to the fee charged by a broker for executing a transaction on behalf of a client.
In the insurance industry, brokerage refers to the practice of selling insurance policies on behalf of insurance companies.
In the stock market, brokerage refers to the firm or individual that executes buy and sell orders for investors in exchange for a commission.
In the world of finance, a brokerage is a firm that acts as an intermediary between buyers and sellers of financial securities. Writers may mention brokerages in articles about investing or financial markets.
Psychologists may use the term brokerage in the context of social work, where it refers to the process of connecting clients with needed services or resources. They may also use brokerage in discussions of relationship dynamics or negotiation.