brokeragebro·ker·age /ˈbrəʊkərɪdʒˈbroʊ-/ nounFINANCE1[countableC] (also brokerage house)ORGANIZATIONS an organization of brokersThe credibility of a brokerage or bank can disappear overnight, and when it does, so does the firm.
→ discount brokerage → full service brokerage → online brokerage2[uncountableU] the work done by brokersIts basic business of retail brokerage is slow.
The electricity company saved $520,000 in brokerage fees by selling the bonds directly to investors.