what is the defination of an agent ?

A

amit_dangi

Active Member
#1
#1
plz tell me the real defination of an agent like Reliance Mmoney , icici , sherkhan etc. as per their workology
 
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S

sameer999

Active Member
#2
#2
amit_dangi said:
plz tell me the real defination of an agent like Reliance Mmoney , icici , sherkhan etc. as per their workology
Click to expand...

First thing, Reliance money, icici securities , sharekhan etc , these r brokerage companys.

Agent is a person , staff/executive of the company working with the company.

1. One that acts or has the power or authority to act.
2. One empowered to act for or represent another: an author's agent; an insurance agent.
3. A means by which something is done or caused; instrument.

Agent can also mean -
An individual or firm authorized to act on behalf of another (called the principal), such as by executing a transaction or selling and servicing an insurance policy. The agent does not assume any financial risk in the transaction, as a dealer would.
 
S

sameer999

Active Member
#4
#4
amit_dangi said:
First thing, Reliance money, icici securities , sharekhan etc , these r brokerage companys.

thanks for your nice informations

Plz tell me broker & agent are different or same
Click to expand...
If u read the definition of agent i posted, its clear that agent is not a broker.

Broker is a big thing, agent comes under broker, agent works under broker or brokerage company.
But agent has the power/authority to act on behalf of the brokerage house or broker.
 
A

amit_dangi

Active Member
#5
#5
sameer999 said:
If u read the definition of agent i posted, its clear that agent is not a broker.

Broker is a big thing, agent comes under broker, agent works under broker or brokerage company.
But agent has the power/authority to act on behalf of the brokerage house or broker.
Click to expand...
Then

"plz tell me the real defination of a broker firm like Reliance money , icici , sherkhan etc. as per their workology

HELLO


SAY ABOUT THIS TOPIC AND PROVIDE ME YOUR VALUABLE QUOTE
 
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A

amit_dangi

Active Member
#7
#7
sameer999 said:
if u read the definition of agent i posted, its clear that agent is not a broker.

Broker is a big thing, agent comes under broker, agent works under broker or brokerage company.
But agent has the power/authority to act on behalf of the brokerage house or broker.
Click to expand...
means these brokers are the agent of the govt.:)
 
A

amit_dangi

Active Member
#8
#8
quote=sameer999;357814]first thing, reliance money, icici securities , sharekhan etc , these r brokerage companys.

Agent is a person , staff/executive of the company working with the company.

1. One that acts or has the power or authority to act.
2. One empowered to act for or represent another: An author's agent; an insurance agent.
3. A means by which something is done or caused; instrument.

Agent can also mean -
an individual or firm authorized to act on behalf of another (called the principal), such as by executing a transaction or selling and servicing an insurance policy. The agent does not assume any financial risk in the transaction, as a dealer would.[/quote]


people used to take the commission of agent if an agent say no to give the commission then they wont like to take any policy from him. Its real1y said ...............
 
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