Question

What is brokerage........???

Answer 1

Brokerage: When share certificates or debentures or government securities are transacted through an agent, the agent takes a commission in each transaction.

The commission charged by the agent is called brokerage and the agent is called a broker.

If transaction are made through a broker -

➠ Amount to be paid by the buyer = Market value + Brokerage.

➠ Amount to be paid by the seller = Market value - Brokerage

Answer 2

Heya!

Here is ur answer...

BROKERGE :

>> The activity done by broker is called as brokerage

>> A broker mediates between a seller and a buyer..

>> This action of broker is defined as brokerage!

Hope it helpz u...