Definition: Express or understood authorization for one person to act for another.
Pronunciation: ā-jən(t)-sē
Used in a Sentence: An agency relationship was created when Sue signed a contract with a broker to sell her house.
Definition: Express or understood authorization for one person to act for another.
Pronunciation: ā-jən(t)-sē
Used in a Sentence: An agency relationship was created when Sue signed a contract with a broker to sell her house.