brokage in a sentence
n.
📚 Grade Level: Grade 9, Grade 10, Grade 11, Grade 12
Definition
Brokage refers to the fee or commission charged by a broker for facilitating a transaction or service.
Sample Sentences
- The brokerage firm charged a substantial brokage fee for the transaction.
- Investors often overlook the importance of brokage when calculating their overall costs.
- She was surprised by the high brokage associated with her stock purchase.
- The real estate agent explained that brokage is typically a percentage of the sale price.
- In the world of finance, understanding brokage can lead to better investment decisions.
- He compared several platforms to find one with the lowest brokage for currency exchange.
- The brokage involved in the deal was a crucial factor in determining profitability.
- They decided to use a discount broker to minimize their brokage expenses.
- During the seminar, the speaker highlighted how brokage can impact long-term gains.
- Many traders are now focusing on brokage rates to increase their investment returns.