UK Accounting Glossary
A stock broker’s business; charges a fee to act as an intermediary between buyer and seller.
The business or service of acting as a broker.
Brokerage refers to a licensed firm or an individual (known as a broker) that buys and sells stocks for its clients. There are several types of brokerage: the choice of brokerage depends upon how involved the individual investor wants to be.
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This glossary post was last updated: 4th February 2020.