Definition of «only agent»

The term "Only Agent" refers to a type of agency relationship where one party (the principal) authorizes another party (the agent) to act on their behalf, but limits the agent's authority to only certain actions or transactions. This means that the agent is not authorized to make any decisions or take any actions beyond what has been specifically granted by the principal. The "only" in this phrase emphasizes the limited scope of the agency relationship and the agent's powers.

Sentences with «only agent»

  • I feel I have gained the respect of not only agents, but brokers throughout our area. (rismedia.com)
  • In most markets, From Your Friends is exclusive to one or two brokerages and only the agents at that company have access to the program. (fromyourfriends.com)
  • Why blame only the agents when customers are also not interested in buying term plans? (policybazaar.com)
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