AGENCY


Meaning of AGENCY in English

I

In law, a relationship in which one party (the agent) acts on behalf of and under the control of another (the principal) in dealing with third parties.

It has its roots in ancient servant-master relations. Agency becomes a legal issue when the agent injures or wrongs a third party. In Anglo-American law, principals are bound by and liable for the acts of such agents as stockbrokers, business agents, contractors, real-estate agents, lawyers, union representatives, managing partners, and private detectives. See also regulatory agency .

II

[c mediumvioletred] (as used in expressions)

Environmental Protection Agency

European Space Agency ESA

International Atomic Energy Agency

mercantile agency

National Security Agency

{{link=news agency">news agency

Pinkerton National Detective Agency

Railway Express Agency

regulatory agency

Britannica English dictionary.      Английский словарь Британика.