Exchange Currency

agency

1. Name for the arrangement where an agent intermediates between buyers and sellers and charges a commission for his participation. The agent buys and sells for the account of the client, but the client assumes all risk. 2. More generally, the relationship between a principal and an agent.

Related information about agency:
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  7. agency - definition of agency by the Free Online Dictionary ...
    A business or service authorized to act for others: an employment agency. 4. An administrative division of a government or international body.
     
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