brokerage

Definitions

Economics

  • noun the payment to a broker for a deal carried out

Forex

  • (written as Brokerage)
    A Forex member who acts on behalf of a customer. Responsibilities include order execution for purchases and sales and acting as an intermediary between customers. The brokerage will charge a fee or commission or a percentage of the bid ask spread as compensation. Also called brokerage house.

Information & Library Science

  • noun the business of buying and selling goods and services for other people
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