noun

broker

/ˈbroʊkər/ · say it: BROW·ker

an agent who buys and sells on behalf of others

In Banking & Finance

In more detail

1. (noun) a person whose job is to buy and sell things such as stocks, property, or insurance for other people

2. (noun) a person who arranges or helps to arrange a deal or agreement between other people

Examples

1. She works as a real estate broker helping families buy and sell homes.
2. The broker negotiated a peace agreement between the two countries.

How to use broker

A broker is typically a licensed professional who acts on behalf of clients to buy, sell, or arrange agreements, earning commission or fees. The word is most common in finance, real estate, and insurance contexts, and can also describe someone who negotiates or arranges settlements between conflicting parties.

Common phrases

stock broker
insurance broker
real estate broker
broker a deal
mortgage broker

Synonyms

agent · intermediary · dealer · middleman · facilitator

Word family

brokerage · broke (verb)

A common mistake

Learners sometimes confuse 'broker' with 'broke' (the past tense of break or meaning having no money), or fail to recognize that 'broker' can mean both a financial trader and a diplomatic negotiator.

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