The word "brokers" refers to individuals or firms that facilitate transactions between buyers and sellers, typically in financial markets or other industries. Brokers act as intermediaries, helping clients navigate the complexities of purchasing, selling, or trading goods and services. They can engage in various types of brokerage, including real estate, insurance, and financial services, where they may charge a fee or earn a commission for their services.
The term "broker" originates from the Middle English word "brokere," which is derived from the Old French word "broceur," meaning one who breaks or divides. The term is believed to come from the word "broque," meaning a small piece or fragment, referring to someone who breaks larger transactions into smaller ones.