Brokerage vs Institution - What's the difference?
brokerage | institution |
A business, firm, or company whose business is to act as a broker (e.g, stockbroker).
The commission paid to a broker.
An established organisation, especially one dedicated to education, public service, culture or the care of the destitute, poor etc.
The building which houses such an organisation.
A custom or practice of a society or community, marriage for example.
(informal) A person long established with a certain place or position.
The act of instituting.
(obsolete) That which institutes or instructs; a textbook or system of elements or rules.
As nouns the difference between brokerage and institution
is that brokerage is a business, firm, or company whose business is to act as a broker (eg, stockbroker) while institution is institution.brokerage
English
(wikipedia brokerage)Noun
(en noun)institution
English
Noun
(wikipedia institution) (en noun)- There is another manuscript, of above three hundred years old, being an institution of physic. — Evelyn.
