brokerage - Master This Word
Master this word with our 5-step learning method – Learn English in English
brokerage Word Meanings
- The business of buying and selling securities.
- A fee or commission charged by a broker.
- An agency or company acting as a broker.
brokerage Example Sentences
Example sentences are the start of understanding. Don't rush to memorize. First feel how the word works in a sentence.
brokerage Phonetic & Pronunciation
UK
/ˈbrəʊ.kər.ɪdʒ/
US
/ˈbroʊ.kər.ɪdʒ/
brokerage Word Etymology
Brokerage: "broker" + "-age" (an act or process) → Middle English (Old French) → English. Imagine a bustling market where brokers negotiate deals, facilitating trades like a conductor leading an orchestra.
Note 1: These definitions and etymologies are not standard dictionary definitions, but extended explanations provided to help with memorization and understanding of the actual application of words. Through this background information, we strive to make words more vivid and easier to understand, and help you remember their meanings in real life.
Note 2: LexiTalk designs the learning flow around the linguistics principle of “Comprehensible Input.” When learners encounter material that is slightly above their level but still understandable from context, the brain naturally absorbs the language. That’s why we keep every word inside authentic contexts, using examples and associations to help you understand it and use it flexibly.
Read the FAQ explanation of Comprehensible InputReal Context
Brokerage is the business of facilitating the buying and selling of securities on financial markets. A brokerage firm connects traders with exchanges, executes orders on behalf of clients, and earns a commission or fee for the service. The term can also refer to the agency or company that provides these intermediation services, including online platforms and traditional brokerage houses. In daily use you will hear about brokerage fees, settlements, and the role of brokers who advise or merely execute trades. For learners, note the two main senses: the service itself and the fee charged for it.
Usage Reminders
- Pronounce brokerage as BROH-kuh-ij. Common collocations: brokerage firm, brokerage fee, brokerage services. Distinguish brokerage from broker and brokered commissions. Beware plural form: brokerages is used for multiple firms. Fees can be fixed or a percentage of trade value. In headlines, brokerage often appears with verbs like cut, rise, or expand.
Common Misconceptions
- Brokerage is the same as a broker.
- Brokerage only means online trading.
- Brokerage fee equals the trade price.
- Brokerage is only for large transactions.
- Brokerage and broker are interchangeable in all contexts.
Thinking Differences
Think of brokerage as both a service and a fee; learners should distinguish between the company (the brokerage) and the person (the broker) and notice common collocations like brokerage fee and brokerage firm.
Learning Tips
- Practice saying brokerage aloud with its two main senses in mind.
- Learn common collocations: brokerage firm, brokerage fee, brokerage services.
- Distinguish between broker (person) and brokerage (agency or service).
- Watch for plural brokerages when referring to multiple firms.
- Recognize that brokerage fees vary by platform and region.
- Read finance news to see brokerage in context.
5-Step Learning Method - Learn English in English
Step 1: Meaning
What is the meaning of 'brokerage'?
A.Service for repairing
B.Business of buying and selling goods
C.Person who delivers packages
D.Agency that facilitates trades
Step 2: Usage
In which sentence is 'brokerage' used correctly?
A.The brokerage helped me invest in stocks.
B.She went to the bakery to buy bread.
C.I booked a ticket for the bus ride.
D.He fixed the broken chair.
Step 3: Similar Words
What is a synonym for 'brokerage'?
A.Barter
B.Franchise
C.Collaboration
D.Exchange
Step 4: Opposite Words
What is an antonym for 'brokerage'?
A.Self-sufficiency
B.Merchandising
C.Negotiation
D.Charity
Step 5: Mastery
How does 'brokerage' apply in real-life contexts?
A.Assisting with real estate transactions
B.Preparing gourmet meals
C.Teaching mathematics
D.Repairing electronic devices
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