Meaning of the word brokering in English

What does brokering mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

brokering

US /ˈbroʊkərɪŋ/
UK /ˈbrəʊkərɪŋ/

Noun

the activity of arranging a deal, agreement, or contract between two or more parties

Example:
The company specializes in the brokering of international trade deals.
His role involves the brokering of peace treaties between warring nations.