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.
Commission Broker. For example, when a trade order for a stock is carried out, an individual often pays a transaction fee for the brokerage company's efforts to execute the trade.EFINITION of 'Brokerage Company'. A business whose main responsibility is to be an intermediary that puts buyers and sellers together in order to facilitate a transaction.