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.
For the not-for-profit organization the Brokerage, see The Brokerage Citylink. A broker is an individual person who arranges transactions between a buyer and a seller for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal.