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.