Home > Term: brokerage
brokerage
The service fee charged by a stockbroker to a client for executing purchase or sale orders for securities, commodities, etc. Brokerage fee scales are usually degressive, i.e. the percentage rate for large-volume orders is less than for small orders.
- Part of Speech: noun
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
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Creator
- Stefan K
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