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Definition of Agent
One who represents Canada Life when providing services to clients
The decision-maker in a principal-agent relationship.
A situation that can be modeled as one person, an agent, who acts on the behalf
ndividual or institution appointed by a company to look after the transfer of securities.
A licensed insurance agent who sells insurance for only one company.
A form of organization commonly used by foreign banks to enter the U.S. market. An agency
The incremental costs of having an agent make decisions for a principal.
The analysis of principal-agent relationships, wherein one person, an agent, acts on behalf of
Securities certificates issued in the U.S. by a transfer agent acting on behalf of the foreign
Bonds that are not registered on the books of the issuer. Such bonds are held in physical form by
The Treasury and federal agencies are moving to a book-entry system in which securities are not represented by engraved pieces of paper but are maintained in computerized records at the
A broker on the floor of an exchange acts as agent for a particular brokerage house and
Refers to the volatility of returns on international investments caused by events associated
A transaction in which the buyer's payment for securities is due at the time of
An unconventional order in writing - signed by a person, usually the exporter, and addressed to the
An alternative to a bond trust deed. Unlike the trustee, the fiscal agent acts as an
Mortgage-backed securities (MBS) on which registered holders receive an aggregate principal and
A corporate debt instrument that is continuously offered to investors over a period of
To seek information about an agent's behavior; a device that provides such information.
Anit-takeover device that gives a prospective acquiree's shareholders the right to buy shares of the
1) The total amount of money being borrowed or lent.
The fee charged by a mutual fund when purchasing shares, usually payable as a commission to
An agent who handles public orders to buy or sell financial assets.
Inventories owned by a company, but located on the premises
Errors and Omissions Insurance
Insurance coverage purchased by the agent/broker which provides protection against loss incurred by a client because of some negligent act, error, oversight, or omission by the agent/broker.
This could be the person (broker or agent) who helps you choose the proper type of life insurance or disability insurance and the insurance company for your particular needs. This could also be the person at the insurance company's head office who reviews your application for coverage to determine whether or not the insurance company will issue a policy to you.
An agent who buys and sells goods on behalf of others for a commission.
Type of financial service whereby a firm sells or transfers title to its accounts receivable to a factoring company, which then acts as principal, not as agent.
In Canada, a general statute that contains most of the insurance law of a common law province, and regulates the conduct of insurers and insurance agents within the province.
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