Definition

1. Noun:
   • A brokerage firm dealing in commodities: A business entity that acts as an intermediary, facilitating the buying and selling of raw materials or primary agricultural products (commodities) on behalf of clients.

Usage

• This term refers specifically to the business or firm itself, not the act of brokering.
• It is a compound noun. The core concept is a (a firm that acts as a broker) that specializes in (basic goods).

Examples

• Noun:
  • He works for a large commodity brokerage in Chicago.
  • The commodity brokerage handled trades in wheat, corn, and soybeans for its investors.

Advanced Usage

• The term is often used in financial and trading contexts to distinguish firms that deal in physical commodities from those dealing in securities like stocks and bonds.
• "commodity broker" refers to the individual agent, while "commodity brokerage" refers to the firm employing such agents.

Variants and Related Words

• Commodity broker (n): An individual who buys and sells commodities for clients.
• Brokerage firm (n): A company that acts as an intermediary in various transactions.
• Trading house (n): A firm engaged in large-scale buying and selling of commodities, often with a broader scope than a brokerage.

Synonyms

• Commodity trading firm
• Merchandising firm (in specific contexts)

Related Phrases

• To place an order through a commodity brokerage: To instruct a commodity brokerage firm to execute a trade.
  • The fund manager placed a large order for crude oil through a commodity brokerage.

Noun

1. a brokerage firm dealing in commodities