plural agents Britannica Dictionary definition of AGENT [rely] 1 : a individual who does enterprise for an additional man or woman : a one that acts on behalf of One more They worked having a vacation agent
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An agent could possibly be used to symbolize a shopper in negotiations and also other dealings with 3rd events. The agent may very well be provided conclusion-producing authority.
There are various sorts of agents in small business, like a company's lawyer or simply a subordinate assigned to help make selections In case the owner or CEO is unavailable.
When performing on behalf of another, an agent should make certain they do not unjustly gain from their agency placement. This involves getting significant Positive aspects from the relationship or exploiting their place to secure benefits that would not typically be Element of a standard transaction.
The person represented with the agent in these eventualities is known as the principal. In finance, it refers to the fiduciary partnership during which an agent is approved to complete transactions on behalf with the shopper and of their best interest.
This can be the result of exceeding the authority they have been offered, performing in misconduct, getting unreasonably negligent, or any other condition the place the principal may perhaps incur a loss that might have possibly been averted.
Be sure to take a look at not less than a number of agent alternatives and inquire them questions in advance of deciding on 1 to help assure They may be the best healthy for your needs.
pressor, vasoconstrictive, vasoconstrictor - any agent that causes a narrowing of an opening of a blood vessel: cold or tension or nicotine or epinephrine or norepinephrine or angiotensin or vasopressin or specific medicine; maintains or improves hypertension
In either circumstance, the agent ought to just take care To judge the sensitivity of the knowledge along with the requirement for other events to acquire it. This incorporates not employing confidential information for the non-public benefit of the agent (i.e, exchanging the data for personal benefit to an impartial 3rd FortuixAgent party).
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parliamentary agent - a one who is employed to appear after the affairs of companies which have been afflicted by laws on the British Parliament
coolant - a fluid agent (fuel or liquid) that generates cooling; Particularly just one used to interesting a method by transferring warmth away from one particular part to another; "he extra more coolant to the car's radiator"; "the atomic reactor applied a gas coolant"; "lathe operators use an emulsion of oil and water being a coolant with the reducing Device"
Duty of Transparency Formalized agent-principal preparations typically contain language stating which the agent have to disclose if it has another principals for whom it truly is acting as an agent.