Brokerage vs Agency - What's the difference?
brokerage | agency |
A business, firm, or company whose business is to act as a broker (e.g, stockbroker).
The commission paid to a broker.
The capacity, condition, or state of acting or of exerting power; action or activity; operation.
A person or thing through which power is exerted or an end is achieved: instrumentality, means.
The office or function of an agent; also, the relationship between a principal and that person's agent.
An establishment engaged in doing business for another; also, the place of business or the district of such an agency.
A department or other administrative unit of a government; also, the office or headquarters of, or the district administered by such unit of government.
As nouns the difference between brokerage and agency
is that brokerage is a business, firm, or company whose business is to act as a broker (eg, stockbroker) while agency is the capacity, condition, or state of acting or of exerting power; action or activity; operation.brokerage
English
(wikipedia brokerage)Noun
(en noun)agency
English
(Webster 1913)Noun
(agencies)- The superintendence and agency of Providence in the natural world. --Woodward.
- Agency for Toxic Substances and Disease Registry
- Central Intelligence Agency
