Definition of brokerage in US English:



  • 1The business or service of acting as a broker.

    • ‘Yet there is at least one good reason why Merrill and other brokerage firms might want to overhaul their mutual-fund businesses in the future.’
    • ‘A phone outage can mean millions of dollars' worth of lost business for the largest brokerage firm in the United States.’
    • ‘It's celebrating its second birthday by shredding brokerage accounts and terrifying shareholders.’
    • ‘Improving profitability at Wealth Management USA, mostly the old PaineWebber brokerage business, has been a struggle.’
    • ‘So perhaps it's no surprise that brokerage firms have revived an old concept called option income funds.’
    • ‘The real key to keeping Wall Street honest is compliance - enforcing rules designed to protect investors inside brokerage houses and banks.’
    • ‘Almadro's team found evidence implicating businessman Dante Tan, a major BW shareholder, and several brokerage houses in insider trading and price manipulation that rocked the market early this year.’
    • ‘For that reason, it's important to check out a broker or brokerage firm before you invest.’
    • ‘The biggest causes for not providing the discount were brokerage companies which did not count funds owned in the same fund family, and did not look at those owned by a spouse or children, according to the SEC.’
    • ‘And some investors, who believe Purcell will keep the firm's retail brokerage and credit-card operations, want to own the stock anyway as merger activity picks up.’
    • ‘The businesses of securities brokerage and trading had already been revolutionized by online brokers and electronic communication networks.’
    • ‘Unlike other firms cited in the story, Merrill does not disclose trading volume or the number of accounts in its retail brokerage business.’
    • ‘This fight over financial advisers might determine which firm wins online brokerage supremacy.’
    • ‘Another executive, former AT&T marketing star Gail McGovern, took over key roles in Fidelity's retail brokerage business.’
    • ‘At times like these, market veterans, especially insiders in the big brokerage firms, can prosper; indeed, the thing these people really fear is stagnation.’
    • ‘The market's decline has hurt the companies' brokerage business, but the bear market won't last forever, Williams says.’
    • ‘He has mastered every job he has had in his 15-year-career at Merrill - ranging from investment banking to, more recently, running the firm's core brokerage franchise.’
    • ‘Like other businesses, the U.S. brokerage is being tested: In the third quarter, both earnings and revenues were down compared to a year ago.’
    • ‘Angry shareholders are investigating brokerage fraud, waging proxy fights, and agitating for securities reform’
    • ‘‘The measure threatened to push providers of brokerage services out of business putting other tax revenues from income at stake,’ reads the bulleting.’
    1. 1.1 A fee or commission charged by a broker.
      ‘a revenue of $1,400 less a sales brokerage of $12.50’
      • ‘In all UBS has spent more than $90 million, probably at a loss or break even depending on the brokerage and commission from the June raid.’
      • ‘Section 40 of the Insurance Act does not permit payment of commission / brokerage out of premium to any person other than an agent.’
      • ‘Global Trader 247 offers customers a no commission, no brokerage fee service to small institutions, retail investors, high net worth individuals and other customers.’
      • ‘Explicit assumptions were made around levels of brokerage and commission and expenses that might be implicit within the premium calculation.’
      • ‘And, because they have to pay brokerage and perhaps also tax on their gains, most end up worse off than if they had bought and held.’
      percentage, share, portion, dividend, premium, fee, consideration, bonus, gratuity, tip, honorarium
      View synonyms
    2. 1.2 A company that buys or sells goods or assets for clients.
      • ‘He is the humbly born Brooklyn boy who built Shearson Loeb Rhodes from the parts of dozens of brokerages and then sold it to American Express.’
      • ‘Zaha Rina Zahari, chief executive of Malaysian brokerage RHB Securities, says the story is the same in her native country.’
      • ‘Not likely, says Jimmy Lam, a Hong Kong-based analyst at brokerage Kim Eng Securities.’
      • ‘This week, Bloomberg reported on a recent study of the Manhattan apartment market commission by brokerage Douglas Elliman.’
      • ‘One investor applied for compensation from his brokerage after discovering some mysterious person had used his account to buy Yinguangxia, causing him to suffer a great loss.’
      • ‘On April 19, securities brokerage Cash Financial Group reported that a fake website with its company logo and name was arranging a bogus lucky draw for customers.’
      • ‘The company's Web site will allow online access to initial public offerings for the brokerages ' combined client base of roughly 6 million.’
      • ‘By far the wealthiest branch of the family, they own banks in Switzerland, public and private banks worldwide and a network of finance houses and investment brokerages.’
      • ‘And by virtue of the concrete connection to Silicon Valley via Highway 101, his brokerage had quick access to leading technology.’
      • ‘Jihsun Securities retained its position as the second largest brokerage with a market share of 4.09 percent.’
      • ‘China-backed CEL also said it strongly supported the restructuring and planned listing of its mainland brokerage, China Everbright Securities.’
      • ‘‘In his view any brokerage with premium income of less than 5m is dead in the water,’ said Russell.’
      • ‘The brokerage said every 5 per cent rise in raw material costs will squeeze the gross profit margin by 13.3 per cent, assuming the company is unable to pass on the cost jumps to customers.’
      • ‘I jumped ship from a financial services brokerage in Edinburgh where I was a director last October, and I'm convinced I've made the right move.’
      • ‘Insurance brokerages typically sell for 1 to 1.5 times annual revenues.’
      • ‘Barbara Corcoran, chairwoman of the Corcoran Group, a New York City real estate brokerage, has her share of sob stories.’
      • ‘Homeloans was initially established as a broadly based financial services brokerage offering everything from home loans to car insurance.’
      • ‘It is still unclear whether the television - maker can recover another 200 million yuan invested in May 2003 with seized brokerage China Southern Securities.’
      • ‘The world's largest fixed income brokerage was based in the north tower of the World Trade Centre, where it employed 1,000 staff.’
      • ‘Homeloans began as a broadly based financial services brokerage, but after six months Curry and Gavin realised they were spreading their net too wide.’