The word "brokered" is pronounced as /ˈbroʊ.kərd/. It is spelled with the base word "broker" and the suffix "-ed," which indicates that the action of brokering has already taken place in the past. To correctly pronounce this word, start with the "bro" sound, followed by the "k" sound, then move onto the short "e" sound and the "r" sound. Finally, end with the "ed" sound, which is pronounced as a separate syllable.
Brokered is the past tense and past participle of the verb "broker." The term "broker" refers to an individual who acts as an intermediary or middleman, facilitating transactions between two or more parties in various industries, such as real estate, finance, and commerce.
The act of brokering involves bringing together two parties, typically a buyer and a seller, and facilitating negotiations or transactions on their behalf. A broker works to streamline the process by utilizing their expertise, networks, and resources to match the needs and preferences of both parties and secure a mutually beneficial agreement.
When a transaction is "brokered," it means that a broker played a key role in facilitating and finalizing the deal between the concerned parties. The broker acts as an unbiased, neutral party, working to ensure transparency, fair dealing, and the best possible outcome for both the buyer and seller.
"Broke" can be used to describe transactions in diverse scenarios, such as brokering real estate deals, business acquisitions, stock market transactions, insurance agreements, and even negotiating peace agreements between conflicting parties.
In summary, when a transaction is described as "brokered," it signifies that a broker was involved in overseeing the negotiations, mediating discussions, and successfully bringing two parties together to complete a deal in a professional and effective manner.
The word "brokered" is the past participle form of the verb "broker". The term "broker" originated in the late 14th century and is derived from the Anglo-French word "brocour", which means "small trader" or "retailer". It further traces back to the Old French word "brocheor", meaning "wine retailer or tapster". This Old French term comes from the verb "brochier", which means "to broach", referring to tapping or piercing a cask to draw out the liquid. Over time, the meaning of "broker" expanded to include someone who acts as an intermediary in a business transaction, negotiating deals between parties. Thus, the past tense form "brokered" denotes the action of facilitating or mediating a deal.