agent

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Agent

A party appointed to act on behalf of a principal entity or person. In context of project financing, refers to the bank in charge of administering the project financing.

Agent

A person who acts on behalf of an organization or another person. Agents have a fiduciary responsibility to act in the best interests of the principal. Common examples of agents include brokers and attorneys. See also: Agency theory, Agency problem, Agency costs.

agent

An individual or organization that acts on behalf of and is subject to the control of another party. For example, in executing an order to buy or sell a security, a broker is acting as a customer's agent.

Agent.

An agent is a person who acts on behalf of another person or institution in a transaction. For example, when you direct your stockbroker to buy or sell shares in your account, he or she is acting as your agent in the trade.

Agents work for either a set fee or a commission based on the size of the transaction and the type of product, or sometimes a combination of fee and commission.

Depending on the work a particular agent does, he or she may need to be certified, licensed, or registered by industry bodies or government regulators. For instance, insurance agents must be licensed in the state where they do business, and stockbrokers must pass licensing exams and be registered with NASD.

In a real estate transaction, a real estate agent represents the seller. That person may also be called a real estate broker or a Realtor if he or she is a member of the National Association of Realtors. A buyer may be represented by a buyer's agent.

agent

a person or company employed by another person or company (called the PRINCIPAL) for the purpose of arranging CONTRACTS between the principal and third parties. An agent generally has authority to act within broad limits in conducting business on behalf of his or her principal and has a basic duty to carry out the tasks involved with due skill and diligence.

An agent or broker acts as an intermediary in bringing together buyers and sellers of a good or service, receiving a flat or sliding scale commission or fee related to the nature and comprehensiveness of the work undertaken and/or value of the transaction involved. Agents and agencies are encountered in one way or another in most economic activities and play an important role in the smooth functioning of the market mechanism. A stockbroker, for example, acts on behalf of clients wishing to buy and sell financial securities; an estate agent acts as an intermediary between buyers and sellers of houses, offices, etc.; while an insurance broker negotiates insurance cover on behalf of clients with an insurance company. A recruitment agency performs the services of advertising for, interviewing and selecting employees on behalf of a company. In addition to the role of agents as market intermediaries, organizational theorists have paid particular attention to the internal relationship between the employees (‘agents’) and owners (‘principals’) of a company See PRINCIPAL-AGENT THEORY.

agent

a person or company employed by another person or company (called the principal) for the purpose of arranging CONTRACTS between the principal and third parties. An agent thus acts as an intermediary in bringing together buyers and sellers of a good or service, receiving a flat or sliding-scale commission, brokerage or fee related to the nature and comprehensiveness of the work undertaken and/or value of the transaction involved. Agents and agencies are encountered in one way or another in most economic activities and play an important role in the smooth functioning of the market mechanism. See PRINCIPAL-AGENT THEORY for discussion of ownership and control issues as they affect the running of companies. See ESTATE AGENT, INSURANCE BROKER, STOCKBROKER, DIVORCE OF OWNERSHIP FROM CONTROL.

agent

One who acts on behalf of a principal in an agency relationship. See agency for an extended discussion.

References in periodicals archive ?
Thus they can have better lipophilicity characteristic and might penetrate cells more readily that extra-cellularly acting chelating agent like DMSA.
EDTA is a particularly popular chelating agent and is used in many industrial processes and municipal products in addition to horticultural fertilizers.
Brown's paper on iron uptake by kidney bean attempts to capture beans intake of macro elements, there are no reports that have looked into the systematic qualitative and quantitative distribution of macro elements present in soybean leaves during the flowering stage of the plant subjected to chemical chelating agents and ferrous ion.
BASF's chelating agent is readily biodegradable and improves the cleaning effect of detergents and cleaners in home care and I&I cleaning applications.
This is the first contract BARDA has awarded for the advanced development of an oral chelating agent to treat internal radiation contamination, and represents a milestone for our program," said BARDA Director Robin Robinson, Ph.
Browse 85 market data tables with 52 figures spread through 153 pages and in-depth TOC on " Chelating Agent Market - Global Trend & Forecast to 2019 " .
A controlled animal study of rats exposed to mercury vapor with subsequent administration of chelating agents demonstrated that chelators mobilize mercury only from the kidneys and not from the brain (Buchet and Lauwerys 1989).
The therapy involves the introduction of a chelating agent, ethylenediamine tetraacetate [EDTA], into a patient's bloodstream for about 20 to 30 four-hour-long sessions.
Tenders are invited for Acquisition of Iron Chelating Agent for the Treatment of Thalassemia
8220;Especially chelating agent manufacturers will benefit from strong growth in demand for modern cleaners & detergents in Asia-Pacific and South America,” explains Oliver Kutsch, managing director of Ceresana.
The use of the oral chelating agent succimer has increased over the last several years because of its benefits over Versenate.
Additionally, the company strives for growth by expanding production capacities for more sustainable products such as the chelating agent TrilonA M, which is usedas an alternative to phosphates in dishwasher detergents.