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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

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.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.

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.

Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

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.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005

agent

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

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
Breeders of listed species will either dispose of their birds as pets within their states or will set them up to produce hybrids that are not regulated by the ESA.
governmental entities being found vicariously liable under the ESA.
George Miller (D-CA) has taken a different approach to the ESA. His Endangered Species Recovery Act (HR 2351), prepared with the help of environmentalists, provides tax incentives to landowners who work to conserve species on their land, shores up the federal protection of "critical habitat" (habitat loss is the major cause of species decline in the US) and improves public access to decision-making -- it has a new provision designed to incorporate public comment into Recovery Plans.
The image of a smoothly functioning international organization with a substantial budget carrying out leading-edge research with minimal political interference is seductive, and the authors go into detail on how it has been possible for ESA. They also suggest a "code of ethics" to be followed by any group of cooperating partners and then' space agencies in international space endeavors; their proposed "galateo" lays out a set of rules that would gladden the heart of the most idealistic.
Marissa Cabaljao, secretary general of People Surge, a group composed of Yolanda survivors, said the organization had documented reports that some local officials, particularly in some barangays in Eastern Visayas, made money out of the ESA.
The farm was designed, engineered, procured, constructed and managed by ESA. ESA will operate and maintain the farm for the duration of the 10-year contract.
Romania, which has a long aerospace tradition since the Soviet era, was one of the first Eastern European countries to sign a cooperation agreement in the field of the peaceful use of outer space with ESA. It then signed a five-year framework cooperation agreement, in October 1999, and a European cooperating state agreement, in 2006.
THE DIRECTOR of External Relations at the European Space Agency (ESA), Peter Holsroj, met yesterday with the Minister for Communications and Works, Nicos Nicolaides, and his Permanent Secretary, Makis Constantinides, to discuss an agreement between Cyprus and the ESA.
However, as the Hb level improves, a lot of iron is used up, and in the end, the patient is iron deficient again and on a lower dose of ESA. Therefore, it is important that nurses pay more attention to the "coupling" of IV iron and ESA dose changes.
The House Committee on Resources, where many conservation bills originate, is chaired by California Republican Richard Pombo, a former rancher who has called critical habitat requirements "one of the most perverse shortcomings" of the ESA.