Agency

Business / Finance / Agency: In context of general equities, buying or selling for the account and risk of a customer. Generally, an agent, or broker, acts as intermediary between buyer and seller, taking no financial risk personally or as a firm, and charging a commission for the service. The broker represents a customer buyer/seller to a customer seller/buyer and does not act as principal for the firm's own trading account. Antithesis of principal. See: Dealer.

Other Words for Agency

Agency Noun Synonyms: means, medium, instrumentality, intervention, intercession, action, intermediation, operation, mechanism, force, power, activity, working(s), energy
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Farm Service Agency (FSA)

Business / Agriculture / Farm Service Agency (FSA): One result of the 1994 legislative reorganization of USDA was the consolidation of the ASCS, FCIC and fmha into a single agency, the FSA. This agency is responsible for administering farm income-suppo MORE

Implied Agency

Business / Real Estate / Implied Agency: An agency agreement created by the actions of the parties, and not a stated (written or verbal) agreement. MORE

Ostensible Agency

Business / Real Estate / Ostensible Agency: A form of implied agency relationship created by the actions of the parties involved rather than by written agreement or document. MORE

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