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agency
(redirected from government agency)

   Also found in: Dictionary/thesaurus, Acronyms, Wikipedia, Hutchinson 0.03 sec.

agency

In law, a relationship in which one party (the agent) acts on behalf of and under the control of another (the principal) in dealing with third parties. It has its roots in ancient servant-master relations. Agency becomes a legal issue when the agent injures or wrongs a third party. In Anglo-American law, principals are bound by and liable for the acts of such agents as stockbrokers, business agents, contractors, real-estate agents, lawyers, union representatives, managing partners, and private detectives. See also regulatory agency.


agency
1. a business or other organization providing a specific service
2. the place where an agent conducts business
3. the business, duties, or functions of an agent
4. one of the administrative organizations of a government


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government agency that fosters foreign investment, plans to raise US$3 billion in investments into Mexico by facilitating 100 U.
The court held that this plain language provided coverage for expenses incurred by the insured in responding to government agency orders administratively imposed, even though the government did not file any lawsuit against the insured seeking cleanup and abatement of environmental pollution.
The creditor forgiving the debt is a government agency or a financial institution (e.
 
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