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.
DEFINITION of 'Brokerage Fee'. A fee charged by an agent, or agent's company to facilitate transactions between buyers and sellers. The brokerage fee is charged for services such as negotiations, sales, purchases, delivery or advice on the transaction.Next Up.REAKING DOWN 'Brokerage Fee'. 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.