Agency


 

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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

A business operated by an agent in conjunction with his/her principal.



Similar Matches

Agency costs

Agency costs

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


Federal agency bond

Federal agency bond

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


Agency incentive arrangement

Agency incentive arrangement

A means of compensating the broker of a program trade using benchmark prices for issues to be traded in determining commissions or fees.


Credit reference agency

Credit reference agency

When assessing your application, a mortgage lender will study your records. These records are held centrally by credit reference agencies, and contain information for many different aspects of your life.


Agency basis

Agency basis

A means of compensating the broker of a program trade solely on the basis of commission established through bids submitted by various brokerage firms.


Further Suggestions

Administrative agency
credit reference agency
Sole importing agency
Agency bank
Central Intelligence Agency
Mercantile agency
Multilateral Investment Guarantee Agency (MIGA)
Contributions Agency
Federal agency securities
Fiscal agency services
Agency closing
Agency theory
Dual Agency
Agency securities
Benefits Agency
Agency cost view
Fiscal agency agreement
Agency problem
agency securities
federal agency security


 
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