"Agent" Definition
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 Glossary   >   A   >   "Agent" Definition   

        Agent

The decision-maker in a principal-agent relationship.

1. An individual or firm that places securities transactions for clients.

Someone who acts on behalf of another. Traditionally, insurance company salesmen have often been called agents. This has led to a certain amount of confusion since in some situations they are acting on behalf of the client and at other times they are acting on behalf of the insurance company: the distinction is not always clear.

A person appointed by a principal to act on the latter"s behalf in business.

Agent


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Agent - The decision-maker in a principal-agent relationship.

1. An individual or firm that places securities transactions for clients.

Someone who acts on behalf of another. Traditionally, insurance company salesmen have often been called agents. This has led to a certain amount of confusion since in some situations they are acting on behalf of the client and at other times they are acting on behalf of the insurance company: the distinction is not always clear.

A person appointed by a principal to act on the latter"s behalf in business.


Agent : the decision-maker in a principal-agent relationship.

1. an individual or firm that places securities transactions for clients.

someone who acts on behalf of another. traditionally, insurance company salesmen have often been called agents. this has led to a certain amount of confusion since in some situations they are acting on behalf of the client and at other times they are acting on behalf of the insurance company: the distinction is not always clear.

a person appointed by a principal to act on the latter"s behalf in business.