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What is a brokerage?

What is a brokerage? Here are some definitions.

Noun
  1. A business, firm, or company whose business is to act as a broker (e.g, stockbroker).
  2. The commission paid to a broker.
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Examples
A surge in mergers and acquisitions, initial public offerings, and brokerage activity ensued.
But the circumstances surrounding the case clearly showed that brokerage firms were not defrauding anyone.
I know it's a lot, but for an established information brokerage with underworld contacts and everything it's an absolute steal.
Tax preparers help clients hide income and assets outside the USA, using offshore bank and brokerage accounts, credit cards, trusts and leases.
Neither the exchanges nor brokerage houses have taken up Levitt's challenge.
He extended his business to include ship's chandlery, brokerage and the sale and export of coal.

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