First-term Democratic incumbent North Carolina Sen. Kay Hagan lost in a tight contest against GOP challenger Thom Tillis, according to a CNN projection. It was the most expensive Senate race this cycle: A great deal of the funding was provided by out-of-state organizations backing harsh television attack ads.
Noun. 1. brokerage-a stock broker's business; charges a fee to act as intermediary between buyer and seller. brokerage firm, securities firm. bucket shop-an unethical or overly aggressive brokerage firm.
In the real estate industry, a brokerage fee is a flat fee charged to the buyer, the seller or both. A mortgage broker helps potential borrowers find and get approval for mortgage loans. In the insurance industry, a brokerage fee is a cost a broker charges for services.