Agent

AAA

DEFINITION of 'Agent'

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.

INVESTOPEDIA EXPLAINS 'Agent'

Essentially, this is the person who makes a transaction on behalf of his or her employer or client.

RELATED TERMS
  1. Agency By Necessity

    A type of relationship whereby one party can make essential decisions ...
  2. Principal-Agent Relationship

    An arrangement in which one entity legally appoints another to ...
  3. Attorney In Fact

    A person who is authorized to perform business-related transactions ...
  4. Fiduciary Risk

    A type of risk that accounts for the possibility of a trustee/agent ...
  5. Agency Broker

    A broker that acts as an agent to its clients. When acting as ...
  6. Agency Costs

    A type of internal cost that arises from, or must be paid to, ...
Related Articles
  1. 4 Ways To Get A Head Start On Your Financial ...
    Professionals

    4 Ways To Get A Head Start On Your Financial ...

  2. Surviving The IRS Audit
    Taxes

    Surviving The IRS Audit

  3. 10 Tips For Choosing An Online Broker
    Options & Futures

    10 Tips For Choosing An Online Broker

  4. Becoming An Insurance Agent
    Entrepreneurship

    Becoming An Insurance Agent

Hot Definitions
  1. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  2. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
  3. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  4. Leading Indicator

    A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators ...
  5. Wage-Price Spiral

    A macroeconomic theory to explain the cause-and-effect relationship between rising wages and rising prices, or inflation. ...
  6. Accelerated Depreciation

    Any method of depreciation used for accounting or income tax purposes that allows greater deductions in the earlier years ...
Trading Center