- an agent who buys or sells for a principal on a commission basis without having title to the property.
- a person who functions as an intermediary between two or more parties in negotiating agreements, bargains, or the like.
verb (used with object)
- to act as a broker for: to broker the sale of a house.
verb (used without object)
- to act as a broker.
- an agent who, acting on behalf of a principal, buys or sells goods, securities, etc, in return for a commissioninsurance broker
- (formerly) short for
- a dealer in second-hand goods
- to act as a broker (in)
late 14c., from Anglo-French brocour “small trader,” from abrokur “retailer of wine, tapster;” perhaps from Portuguese alborcar “barter,” but more likely from Old French brocheor, from brochier “to broach, tap, pierce (a keg),” from broche “pointed tool” (see (n.)), giving original sense of “wine dealer,” hence “retailer, middleman, agent.” In Middle English, used contemptuously of peddlers and pimps.
1630s (implied in brokering), from (n.). Related: Brokered.
A financial agent or intermediary; a middleman.