noun, plural -cies. 1. an organization, company, or bureau that provides some service for another: a welfare agency. 2. a company having a franchise to represent another.

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Definition. Fiduciary relationship between two parties in which one (the ' agent ') is under the control of (is obligated to) the other (the ' principal

agency - definition of agency - Name for the arrangement where an agent intermediates between buyers and sellers and charges a commission for his participation. The agent buys and.

noun pl. agencies-·cies. active force; action; power; that by which something is done; means; instrumentality; the business of any person, firm, etc. empowered to act for another ...