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Agency

  1.  in general:  relationship between two parties one a principal and the other an agent who represents the principal in transactions with a third party
  2.  Finance: certain types of accounts entrust institutions were individuals usually trust officers act on behalf of customers agency servants that services to corporations are related to the stock purchases and sales thanks also act as agents for individuals
  3.  government: securities issued by government-sponsored entities and federal federally related institutions agency Securities are exempt from Securities and Exchange Commission( sec) registration requirements see also agency securities
  4.  Investment:  Act of buying or selling for the account and risk of a client generally an agent or broker acts as intermediary between buyer and seller taking no Financial Risk personally or as a firm and charging a commission for the service

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