agency what is
Meaning of Agency explanation. What is account and risk of a customer. Generally, an agent, or.

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Agency definition

Meaning 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

More terms such as Agency in Dictionary A.

Definition Accrued Benefits:
Examples The pension benefits earned by an employee accourding to the years of the employee's service agency definition.
Definition Affordability Index:
Examples An index that measures the financial ability of consumers to purchase a home agency explain.
Definition Authorized Shares:
Examples Number of shares authorized for issuance by a firm's corporate charter agency what is.
Definition APS:
Examples Auction Preferred Stock. A type of Dutch Auction Preferred Stock (Goldman Sachs product agency meaning.
Definition And Interest:
Examples An indication that the buyer will receive accrued interest in addition to the price quoted for a bond agency abbreviation.
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