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brokerage

Pronunciation: [ˈbroʊkərɪdʒ]

Word

Learn how to use brokerage in a sentence: 6 audio examples across 2 meanings.

Context: “finance”

(noun) a business that helps people buy and sell things like stocks or property. If you want to invest your money, you might go to a brokerage to get help.

Example

She opened an account at a brokerage to start investing in the stock market.

Example

He didn't want to use a brokerage because he preferred to trade on his own without help.

Example

Which brokerage do you think offers the best services for new investors?

Context: “fee”

(noun) the amount of money that you pay to a brokerage for helping you with buying or selling things. Just like paying a fee when you hire someone to do a job.

Example

The brokerage charged a small fee for each transaction I made.

Example

I was surprised that there was no brokerage fee for opening my account.

Example

How much is the brokerage fee for selling stocks?

How to pronounce brokerage

Pronunciation: [ˈbroʊkərɪdʒ]

Listen and repeat as many times as you need.

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