AGENCY Definition

Bookmark and Share

AGENCY is the relationship between a principal and an agent wherein the agent is authorized to represent the principal in certain transactions.

Learn new Accounting Terms

REMUNERATION is the act of paying for goods or services or to recompense for losses (Example: Receiving remuneration for work, i.e., a paycheck).

IASB see International Accounting Standards Board.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.