There are many types of brokerage fees added in areas such as insurance, realty, delivery services or stocks. Brokerage fees will usually be based on a either a percentage of the transaction or a flat fee. They can also be a combination of the two.
Here is an example of the fee breakdown from a typical stock brokerage:
Stock Price Over $2: $28 flat rate up to 999 shares, 3 cents per share over 999 shares.
Stock Price $2 and Under: 1.4% of principal trade with a minimum of $28 charged.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
brokerage fee — A fee charged by a broker for executing a transaction. Chicago Board of Trade glossary A fee charged by a broker for executing a transaction. Exchange Handbook Glossary … 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 — 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
fee — n [Middle English, fief, from Old French fé fief, ultimately from a Germanic word akin to Old High German fehu cattle] 1: an inheritable freehold estate in real property; esp: fee simple compare leasehold; life estate at estate … 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 — [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 — 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 Company — A business whose main responsibility is to be an intermediary that puts buyers and sellers together in order to facilitate a transaction. Brokerage companies are compensated via commission after the transaction has been successfully completed.… … Investment dictionary
fee — Synonyms and related words: Trinkgeld, account, admission, admission fee, allowance, anchorage, assessment, bill, blackmail, blood money, bonus, bounty, bribe, brokerage, carfare, cellarage, charge, charges, compensate, consideration, copyhold,… … Moby Thesaurus