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 ?
The goal of rapid-acting antihypertensive agents should be to achieve a BP of 140-150/90-100 mmHg.
Conversely, lowering the blood pressure with antihypertensive agents may also worsen neurological function by reducing cerebral perfusion.
A substantial number of men with hypertension and those taking antihypertensive agents have ED (Prisant et al.
Diabetes Antihypertensive Agent Hyperlipidemia mellitus (partial list) Diuretics: Hydrochlorothiazide High High (Hydrodiuril), Loop diuretic doses UF doses UF such as Furosemide Beta blocker with intrinsic F UF sympathomimetic activity: pindolol (Visken); carteolol HCL (Cartrol); acebutolol (Sectral); combined alpha/beta blocker: carvedilol (Coreg) Beta blocker without ISA: propranolol (Inderal); UF UF atenolol (Tenormin) [Alpha.
If her blood pressure does not respond to lifestyle modifications and she is agreeable to medical therapy, you would recommend 1 antihypertensive agent.
Thiazidetype diuretics are your standard initial therapy, but this patient has metabolic syndrome, and you know that certain antihypertensive agents have a more favorable metabolic profile than thiazide diuretics.
Definitive evidence has demonstrated reduced risk of cardiovascular events with beta-blockers as a primary antihypertensive agent for patients with concurrent coronary heart disease.
head office: Chuo-ku, Tokyo; President: Joji Nakayama; hereafter, Daiichi Sankyo) announced today that the two companies would end their joint marketing partnership for sales of Livalo (generic name: Pitavastatin calcium) tablets, a cholesterol-lowering agent, and Olmetec (generic name: olmesartan medoxomil) tablets, an antihypertensive agent, as of June 30, 2013.
In April 2009, the Food and Drug Administration approved Exforge HCT, the only antihypertensive agent to include three medications--amlodipine, valsartan, and hydrochlorothiazide--in a single pill.
It never gained broad use as an antihypertensive agent, and was prescribed mainly for hypertensive crises in paraplegics.
In clinical studies ranging from single-dose administration to treatment for more than 1 year, doxazosin has been found to be an effective antihypertensive agent when given alone or with other medications.