EEngVocabularyEnglish vocabulary

Words / B1

noun · B1

Broker

BROHK-uh/ˈbrəʊkə/

A broker arranges a deal, especially insurance, mortgages, or energy. Agent is wider; adviser can be regulated (independent financial adviser). Energy: speak to a broker before you switch tariffs.

Meaning

A person who arranges a deal, especially insurance or finance.

Examples

  • “Speak to a broker before you switch energy tariffs.”
  • “An insurance broker is not the insurer who pays the claim.”

Good to know

an insurance / mortgage / energy broker. Wider: an agent. Consumer / FCA. Countable. Verb: broker a deal (also in diplomacy).

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