| 单词 | agency |
| 释义 | agency 1) A relationship between two parties; one, the principal, on whose behalf some action is being taken by the other, the agent. An agency agreement might exist, for example, when one person gives a power of attorney to another to negotiate a contract on his or her behalf, or when a bank purchases securities for a customer. 2) (Or agent). An organization or individual that provides such an agency service. 3) Securities issued in the USA by non-Treasury Department sources, such as the National Mortgage Association. 4) One bank that acts as the organizer for a group of banks lending money to a corporation. |
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