Definition

Agent / Agency Agreement

Agent / Agency Agreement: An agent is an independent person or legal entity that acts on behalf of another (the “principal”).

Share it:  Cite

More from this Section

  • Eligibility period
    Eligibility period brief period of time during which an employee can sign up for group ...
  • Ascending tops
    Ascending tops are a chart pattern that depicts that each peak in a security's price over ...
  • Residential mortgage loans
    Residential mortgage loans is the credit to finance the purchase of homes of fund improvements ...
  • Protectionism
    Protectionism is defined as the attempt by a national government to protect certain of ...
  • Fair rental value
    Fair rental value is an amount payable to an insured homeowner for loss of rental income ...