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 ?
As a positive inotrope levosimendan overcomes the disadvantages of current inotropic agents, being less likely to induce arrhythmia, cause intracellular calcium overload and cell death.
Conventional inotropic agents are one of the therapeutic options for treating acute HF due to systolic dysfunction.
The dependent variable was presence or absence of dipper phenomena, and independent variables were age, cardiopulmonary bypass time, postoperative inotropic agent need, low cardiac output syndrome, malignant ventricular arrhythmia, postoperative IABP need, postoperative myocardial infarction, gender, and smoking.
Two case studies have been written to describe the functional improvements of patients with HF receiving tailored medical therapy with positive inotropic agents with the addition of exercise.
He was treated with the inotropic agents dopamine and milrinone, which resulted in improved perfusion.
It does not increase the rate of arrhythmias, an issue with inotropic agents used in CHF, said Dr.
If hypotension occurs, treat initially by slowing the infusion; additional standard therapy may be needed, including the following: vasopressor drugs, positive inotropic agents, and volume expansion.
Using a structured data collection form, demographic, laboratory, and clinical data were recorded, including: age, sex, body weight, diagnosis on admission to ICU, acute physiology and chronic health evaluation II (APACHE II) score on ICU admission, date of ICU admission, date of discharge from ICU and hospital, co-morbid conditions, WBC/neutrophil count, culture and sensitivity, daily body temperature, type of ventilation support, use of inotropic agents, vancomycin dosing regimen (dose and frequency), serum vancomycin trough concentrations achieved, and concurrent non-MRSA-sensitive antibiotics.
Compared with a fentanyl-enflurane based anaesthetic, in a study of 78 adult patients, the propofol-ketamine group had less need for inotropic agents following cardiopulmonary bypass, a shorter time to tracheal extubation and a reduced incidence of myocardial ischaemia and infarction.
These could assume that the need for inotropic agents, time to discharge time, mortality, aortic cross clamp time, extubation time, would be higher in DSC patients than in those patients without DSC.