noun
- The commission or fee charged by a broker for arranging a transaction.
- The business or occupation of a broker.
Usage: Common in finance and real estate contexts
Usage: Less common than 'brokerage' in modern usage
Examples
- The real estate agent charged a brokage of 5% on the sale of the house.
- He earned his living through brokage, connecting buyers and sellers in the commodities market.
- The brokage fee was deducted from the final transaction amount.
- She worked in brokage for over twenty years before retiring.
- The company reduced its brokage rates to attract more clients.