Agency costs


 

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Agency costs

The incremental costs of having an agent make decisions for a principal.



Agency costs

Similar Matches

Fiscal agency agreement

Fiscal agency agreement

An alternative to a bond trust deed. Unlike the trustee, the fiscal agent acts as a representative of the borrower.


Federal agency security

Federal agency security

In the US, a debt instrument with a high level of safety issued by a federal agency.


Federal agency bond

Federal agency bond

Fixed-income security issued by a government agency such as FNMA.


Agency

Agency

A relationship created when one person (the principal) delegates to another (the agent) the fight to act on his or her behalf in business transactions.


Agency bank

Agency bank

A form of organization commonly used by foreign banks to enter the US market. An agency bank cannot accept deposits or extend loans in its own name; it acts as agent for the parent bank. It is also the financial institution that issues ADRs to the general market.


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