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Finance Dictionary and Glossary of Investment Terms
Agent
Definition 1.
The decision-maker in a principal-agent relationship.
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Definition 2.
An individual or firm authorized to act on behalf of another (called the principal), such as by executing a transaction or selling and servicing an insurance policy. The agent does not assume any financial risk in the transaction, as a dealer would.
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Definition 3.
1. An individual or firm that places securities transactions for clients. 2. A person licensed by a state to sell insurance. 3. A securities salesperson who represents a broker-dealer or issuer when selling or trying to sell securities to the investing public.
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