brokerage

The wages or commissions of a broker; also, his business or occupation
@ brokerage contract
A contract of agency, whereby broker is employed to make contracts of kind agreed upon in name and on behalf of his principal, and for which he is paid an agreed commission. A unilateral contract wherein the principal makes an offer which is interpreted as promise to pay broker a commission in consideration of his producing a buyer ready, able, and willing to buy the property on the principal's terms. In re Cowan's Estate, Sur., 13 N.Y.S.2d 374, 376.
See also brokerage listing
@ brokerage listing
An offer of a unilateral contract, the act requested being the procuring by the broker of a purchaser ready, able and willing to buy upon the terms stated in the offer. Buckaloo v. Johnson, 14 Cal.Sd 815, 122 CaLRptr. 745, 753, 537 P.2d 865.
See also brokerage contract
@

Black's law dictionary. . 1990.

Look at other dictionaries:

  • brokerage — bro·ker·age / brō kə rij/ n 1: the business or establishment of a broker 2: a broker s fee or commission Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • Brokerage — Bro ker*age, n. 1. The business or employment of a broker. Burke. [1913 Webster] 2. The fee, reward, or commission, given or changed for transacting business as a broker. [1913 Webster] …   The Collaborative International Dictionary of English

  • brokerage — mid 15c., a broker s trade, from BROKER (Cf. broker). Also, in 17c., a pimp s trade …   Etymology dictionary

  • brokerage — [brō′kər ij] n. 1. the business or office of a broker 2. a broker s fee or commission …   English World dictionary

  • brokerage — The fee paid to a floor broker for executing orders. May be a flat amount or a percentage; also referred to as a commission. Chicago Mercantile Exchange Glossary Commission charges payable on securities transactions. Dresdner Kleinwort… …   Financial and business terms

  • brokerage — [[t]bro͟ʊkərɪʤ[/t]] brokerages 1) N COUNT: usu N n A brokerage or a brokerage firm is a company of brokers. ...Japan s four biggest brokerages. 2) N UNCOUNT: usu N n A brokerage fee or commission is the money charged by a broker for his or her… …   English dictionary

  • brokerage — Synonyms and related words: admission, admission fee, agency, anchorage, barter, bartering, boiler room, brokerage house, brokerage office, bucket shop, buying and selling, carfare, cellarage, charge, charges, cover charge, dealing, demand,… …   Moby Thesaurus

  • brokerage — UK [ˈbrəʊkərɪdʒ] / US [ˈbroʊkərɪdʒ] noun [uncountable] Word forms brokerage : singular brokerage plural brokerages business the activities of organizing business deals for other people …   English dictionary

  • Brokerage — 1Bro|ke|rage [ broʊkərɪd̮ʒ], das: [engl. brokerage, zu: broker, ↑ Broker] (Börsenw.): Aktienhandel. 2Bro|ke|rage, die; (Börsenw.): Gebühr, die ein Broker für seine Tätigkeit erhält …   Universal-Lexikon

  • brokerage — noun Brokerage is used before these nouns: ↑account …   Collocations dictionary

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