Brokered
Definitions
- (adj.) Describes an agreement or arrangement facilitated through a broker acting as an intermediary.
The parties entered into a brokered settlement to avoid litigation.
- (v.) Past tense of broker: to arrange or negotiate a deal or transaction, typically between two parties.
They brokered the sale of the property last week.
Related terms
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Commentary
As a past tense verb, 'brokered' indicates completed negotiation; as an adjective, it qualifies agreements made through intermediaries, important in structuring dispute resolutions or transactions.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.