agency


Definition 1
Name for the arrangement where an agent intermediates between buyers and sellers and charges a commission for his participation. The agent buys and sells for the account of the client, but the client assumes all risk.

Definition 2
More generally, the relationship between a principal and an agent.


Related Terms

457 plan -  More

agency bond -  More

agency security -  More

Related Personal Finance Articles

Loading...

agency in the news

Loading...
Enter your email address to get our free Term of the Day newsletter!

agency is ...

... part of the Brokerages subject.

Search volume for agency

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z