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| Definitions by InvestorWords.com |
| What is...? |
| agent An individual or firm authorized to act on behalf of another (called the principal), such as by executing transactions or selling and servicing an insurance policy. The agent does not assume any financial risk in the transaction, as a dealer would. see also agency, transfer agent, real estate agent, closing agent, independent agent, insurance agent, fiscal agent, purchasing agent, disbursing agent, corporate agent. |
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