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 ?
Patient age, body weight, gender, ASA risk class, additional systemic diseases, anesthetic agents used during procedure, number of extracted teeth, side effects observed during and after procedure and surgeon satisfaction were retrospectively evaluated using archived data.
Evaluation of three anesthetic agents for crayfish (Orconectesvirilis).
The anesthetic agents being used in Pakistan at present are not safe in terms of induction maintenance duration and recovery often resulting in serious anesthetic emergencies and deaths due to failure of anesthesia.
So modern machines like Draeger and Datex Ohmeda were introduced which were not only fitted by gas, O2 special bottles of volatile anesthetic agents, but also by ventilator, close circuit apparatus with soda lime , cardiac monitors, pulse oxymeters and what not.
In orthopaedic applications, the type and location of the planned procedure is important in selecting the most appropriate anesthetic agent and technique.
Since the introduction of procaine (Novacain) in 1904, the search for an ideal local anesthetic agent has been ongoing.
Although he had been exposed to isoflurane, an anesthetic agent that predisposes patients to malignant hyperthermia, initial signs of PRIS appeared on the third day following surgery, and the patient did not show all the signs and symptoms of malignant hyperthermia.
Although the use of cocaine as a medicinal agent dates back more than 1,000 years, pure cocaine was first used as a local anesthetic during the 1880s in eye, nose, and throat surgeries due to its potency as an anesthetic agent as well as its ability to limit blood loss via its vasoconstrictive properties.
It uses a mild electric current to aid transport of an anesthetic agent across a mucosal membrane for better local penetration.
The absorbent tip is impregnated with a solution including a topical anesthetic agent and a cleansing solution.