BROKERAGE CONTRACT

brokerage contract.An agency agreement employing a broker to make contracts in the nameof and on behalf of the principal and for which the broker receives a commission. [Cases: Brokers  7, 40. C.J.S. Brokers §§ 25, 27–32, 51, 117–120, 125, 143.][Blacks Law 8th]

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BROKERAGE

brokerage. 1. The business or office of a broker <a profitable stock brokerage>. [Cases: Brokers  2. C.J.S. Brokers §§ 2–5.] 2. A broker’s fee <collect the brokerage after the house sells>. [Cases: Brokers  39. C.J.S. Brokers §§ 116–117, 143.][Blacks Law 8th]

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BROKER

broker,n.1. An agent who acts as an intermediary or negotiator, esp. between prospective buyers and sellers; a person employed to make bargains and contracts between other persons in matters of trade, commerce, or navigation. • A broker differs from a factor because the broker usu. does not have possession of the property. Cf. FACTOR. [Cases:…

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BROCARIUS

brocarius (broh-kair-ee-<<schwa>>s). [Law Latin] Hist. A broker; a middleman between buyer and seller.[Blacks Law 8th]

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