Noun
The business or employment of a broker.
The fee, reward, or commission, given or changed for transacting business as a broker.
Source: Webster's dictionaryOnce the brokerage house, rather than the bank, became the locus for American savings, that money would find its way into the stock market, because the broker was someone with a much higher tolerance for risk than the banker. Ron Chernow
It can be argued that the U. S. brokerage and investment banking industry has transformed the modern American stock market into nothing more than a mechanism for transferring wealth from shareholders to management. Peter Schiff
Advertising is a racket, like the movies and the brokerage business. You cannot be honest without admitting that its constructive contribution to humanity is exactly minus zero. F. Scott Fitzgerald
In the 1970s we saw a massive shift of household savings from the banks to the brokerage firms. Ron Chernow
The CIA is made up of boys whose families sent them to Princeton but wouldn't let them into the family brokerage business. Lyndon B. Johnson
There are no absolutes in this world, and there will always be mistakes that are made within brokerage firms; there will always be people who set out to deceive the regulators and even deceive their own senior management. Mary Schapiro