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.




agency is ...
... part of the
Brokerages subject.


Related Terms

457 plan -  More
agency bond -  More
agency security -  More
back door financing, Bank Trust Department, CFTC, clearinghouse, Commodity Futures Trading Commission, consumer reporting agency, credit bureau, customs, del credere agency, Department of Housing and Urban Development  and  


agency appears in these other terms

credit agency, U.S. Government Agency Security, regulatory agency, collection agency


agency appears in the definitions of these other terms on BusinessDictionary.com

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