What does Brokerage Fee mean?

Brokerage Fee meaning in Finance Dictionary

Commission or fees recharged by an agent for carrying out deals because of its clients.Brokerage costs can be organized in lots of various ways. Some brokers charge a share of agreement price, others charge an appartment fee regardless of the worth of the agreement, yet others have a combination of both of these techniques.

Brokerage Fee meaning in Law Dictionary

When a broker sells a business insurance, this is basically the fee received.