单词 | AGENT |
释义 | A party that acts as a representative of a PRINCIPAL, carrying express or implied authority to deal on behalf of the principal. In financial services a BROKER is an agent of the employing BANK or SECURITIES FIRM and is paid commissions for client business. A bank may act as an agent for other banks in fulfilling certain duties related to arranging LOANS and NEW ISSUES. In INSURANCE, the independent agent represents at least two INSURERS and attempts to find the best possible deal for INSUREDS in exchange for a percentage of PREMIUMS charged. See also ACTUAL AUTHORITY, AGENT BANK, APPARENTAGENCY, EXPRESS AUTHORITY. |
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