Designated Agent: A licensee authorized by a broker to act as the agent for a specific principal in a particular transaction. A designated agent is the only agent in the company who has a fiduciary responsibility toward the principal.

 

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Designated Agent: A licensee authorized by a broker to act as the agent for a specific principal in a particular transaction. A designated agent is the only agent in the company who has a fiduciary responsibi . . . View Full Definition

Paying Agent: An agent who makes principal and interest payments to bondholders on behalf of the issuer.

Oxidizing Agent: A reactant that removing electrons from other reactants in a chemical reaction. Oxidizing agents cause other substances to be oxidized in chemical reactions while they themselves are reduced . . . View Full Definition

Principal-Agent Relationship: Occurs when one person, an agent, acts on the behalf of another person, the principal.

Pseudo-Agent: Someone claiming to be a travel agent who really isn't watch out for these types. They often produce bogus id cards, and can disappear when problems arise. Check credentials before doing bus . . . View Full Definition

Reagent: A substance or mixture that is useful in chemical analysis or synthesis.

Non-Agent: An intermediary between a buyer and seller, or landlord and tenant, who assists both parties with a transaction without representing either. Also known as a facilitator, transaction broker, . . . View Full Definition

Magenta: Is the complimentary color to green. It is composed of blue and red light.

Insurance Agent: Guarding against property loss or damage making payments in the form of premiums to an insurance company, which pays an agreed-upon sum to the insured in the event of loss.

International Airlines Travel Agent Network (Iatan): International airlines travel agent network - administers the iatan card, the only widely accepted form of legitimate travel agent identification.