What's the difference between broker and brokerage?

Broker


Definition:

  • (v. t.) One who transacts business for another; an agent.
  • (v. t.) An agent employed to effect bargains and contracts, as a middleman or negotiator, between other persons, for a compensation commonly called brokerage. He takes no possession, as broker, of the subject matter of the negotiation. He generally contracts in the names of those who employ him, and not in his own.
  • (v. t.) A dealer in money, notes, bills of exchange, etc.
  • (v. t.) A dealer in secondhand goods.
  • (v. t.) A pimp or procurer.

Example Sentences:

  • (1) Philip Shaw, chief economist at broker Investec, expects CPI to hit 5.1%, just shy of the 5.2% reached in September 2008, as the utility hikes alone add 0.4% to inflation.
  • (2) The big worry here is: even if the data broker reports aggregate data, a) it has this information on an individual level – how else might it use it?
  • (3) Access to besieged areas was a condition of a truce brokered earlier this year by the US and Russia , but the Syrian government has continued to ignore requests for aid deliveries, humanitarian officials say.
  • (4) But Ray Boulger of mortgage broker John Charcol says that because his parents are prepared to lend him another £40,000, not only can he look for a more expensive property, but he will also be able to apply for a much cheaper mortgage based on 80% LTV.
  • (5) Things only got worse in 1998 when Russia defaulted on its loans: the people of this area once again lost what little they had saved, and the oligarchs just got richer, in yet more deals that Russians perceived, with some justification, to have been brokered by the west.
  • (6) The parents should not be expected to be the "brokers" for various specialty services.
  • (7) The UN-brokered deal comes ahead of next month’s peace talks in Vienna, aimed at resolving the five-year crisis.
  • (8) Locally brokered ceasefires have taken effect elsewhere in Syria in recent months, notably in the Moadimeyah district of Damascus, which was also once a hub of opposition control.
  • (9) Combining the data from cutaneous malignant melanoma over both sexes and both registries the occupations with the highest incidence ratios (expressed as a percentage) were: airline pilots, incidence ratio (IR) = 273, (95% confidence limits 118-538); finance and insurance brokers IR = 245 (140-398); professional accountants IR = 208 (134-307); dentists IR = 207 (133-309); inspectors and supervisors in transport IR = 206 (133-304); pharmacists IR = 198 (115-318); professionals not elsewhere classified IR = 196 (155-243); judges IR = 196 (126-289); doctors IR = 188 (140-248); university teachers IR = 188 (110-302); and chemists IR = 188 (111-296).
  • (10) Less remarked on was the fact that a deadline for Iran to accept a UN-brokered deal passed on Thursday and raised the prospect of a fresh round of sanctions against Tehran.
  • (11) A lot of the problems hark back to these unscrupulous brokers who didn’t have any real interest in education.
  • (12) The role of the assertive community treatment worker begins with the identification and engagement of appropriate consumers; proceeds to the development and implementation of practical intervention plans; includes home visiting, in-the-field skill development, and resource brokering, with an emphasis on concrete problem solving; includes close collaboration with inpatient workers and families; and entails the assumption of ultimate professional responsibility for the consumers' well-being.
  • (13) And the timing was unfortunate – just as the last round of US-brokered peace talks was on the brink of collapse – even though the project had begun long before.
  • (14) Funding to private training colleges frozen and Medicare safety net changes shelved Read more “One thing that I think is important is the future of brokers and agents,” he told Guardian Australia.
  • (15) The relationship will take a similar form to that brokered by the Independent late last year to share back office functions to save millions in costs.
  • (16) In 2000, the two sides brokered a deal through the mediation of the UK and US governments and the human genome was put in the public domain.
  • (17) The dentist's role in the information society is described as an information broker between the dental science and the public, the patients.
  • (18) Eight out of 10 mortgage brokers say they have had to reject customers in the past six months, according to figures from the Intermediary Mortgage Lending Association.
  • (19) The war has dragged on despite efforts by a UN mediator to broker a peace deal.
  • (20) Blair then acted as an "honest broker" between the two to rekindle the deal, the court heard.

Brokerage


Definition:

  • (n.) The business or employment of a broker.
  • (n.) The fee, reward, or commission, given or changed for transacting business as a broker.

Example Sentences:

  • (1) EUCommerce, a brokerage firm representing the seller, told prospective buyers: "If you want to avoid all the red tape for the ambitious and serious project of starting a school, this is a fantastic opportunity.
  • (2) It documents Belfort's activities at the discredited Stratton Oakmont brokerage house in the 1990s, which eventually saw the stockbroker convicted of money-laundering and securities fraud.
  • (3) In New Zealand, Global Brokers NZ said it was closing down as it could no longer meet local regulatory requirements and in New York the US foreign exchange brokerage FXCM was scrambling to raise funds to avert collapse.
  • (4) Being mayor is about being the glue of the town, bringing the right people together, it’s like being a brokerage of partnerships.
  • (5) I met two bankers, Ellen and Deboden who had completed paid internships via the Brokerage Citylink, at Royal Bank of Canada and HSBC respectively, when they left school several years ago.
  • (6) For example, our brokerage service developed with Blackpool council and our Activities Unlimited scheme developed with Suffolk county council are two examples of how the public purse can "save" when disabled people themselves decide, design and determine the support they want.
  • (7) The brokerages would not sell as long as the Shanghai composite remained below 4,500 points.
  • (8) But his problems ballooned when he opted to buy the struggling Wall Street brokerage Merrill Lynch for $50bn in September 2008 in a takeover arranged at lightning speed just as Lehman Brothers was going bankrupt.
  • (9) Our work with partners in Kenya and Sierra Leone suggests that adopting such an approach, underpinned by the concepts of entrustment and brokerage, is essential and can reap benefits.
  • (10) In fact, drawn by the casino-like profits to be made in the boom, more and more small investors flocked to the thousands of brokerage houses that are now proliferating in every Chinese city in order to buy and sell while staring up at flickering electronic data boards charting the rise and fall of equity prices.
  • (11) The City regulator, the FSA, said UBS had colluded with interdealer brokers to influence submissions to the yen Libor rate and that corrupt brokerage payments of thousands of pounds a quarter were made to reward brokers for their efforts to manipulate the Libor submissions of other banks on the Libor panel.
  • (12) Questions are raised about the illegality of such contracts in Britain and the possibility of a Parliamentary Act making brokerage and involvement with such cash transactions a criminal offense.
  • (13) Through Workplace , the largest jobs brokerage service of its kind in the country, more than 22,000 residents have found work.
  • (14) It took barely 10 minutes for a room full of sombre shareholders to deliver the last rites yesterday to Bear Stearns , the 85-year-old Wall Street brokerage once feared for its swashbuckling, high-risk culture of aggression.
  • (15) It took just 48 hours of negotiations for Merrill to bargain away its 94-year history as an independent Wall Street brokerage by agreeing to the all-share deal.
  • (16) It also offers a two year fix at 5.39% for an LTV of up to 80% Despite the certainty of monthly repayment size that they offer, fixed-rate deals have continued to lose popularity – according to mortgage brokerage John Charcol – with variable rates now taking almost two-thirds of the market.
  • (17) It has come to our attention that a number of retail brokerages have announced that this has resulted in them experiencing acute financial pressure.
  • (18) The brokerage cuts its price target for Apple's stock to $700, substantially down from $780, on the expectation of lower iPhone and iPad shipments in the first quarter of 2013.
  • (19) China has arranged a curb on new share issues and enlisted brokerages and fund managers to buy massive amounts of shares, helped by China’s state-backed margin finance company, the China Securities Finance Corporation (CSFC), which in turn has a direct line of liquidity from the central bank.
  • (20) Some of the brokerage customers were frantically punching buttons as if playing on games consoles.

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