Define: Agency

Agency
Agency
What is the dictionary definition of Agency?
Dictionary Definition of Agency

Agency (noun):

1. The capacity or power of an individual or group to act or exert influence over others, especially in making decisions or taking actions.
Example: The government has the agency to implement policies that affect the entire population.

2. A business or organisation that represents and acts on behalf of individuals, companies, or other entities in various matters, such as legal, financial, or promotional activities.
Example: The talent agency negotiated a lucrative contract for the actor.

3. The state or condition of being in action or operation; activity.
Example: The factory was in full agency, producing thousands of products each day.

4. A government department or administrative body responsible for a specific function or area of public policy.
Example: The Environmental Protection Agency is responsible for monitoring and regulating environmental issues.

5. The relationship between a principal and an agent, where the agent acts on behalf of the principal and is authorized to make decisions or take actions on their behalf.
Example: The lawyer acted as the client’s agency in negotiating the settlement.

6. The ability to make choices and take responsibility for one’s actions, often used in philosophical or psychological contexts.
Example: The concept of free will is closely related to human agency.

7. A means or instrumentality through which something is accomplished or achieved.
Example: The internet has become a powerful agency for communication and information sharing.

8. A group of individuals or organisations working together towards a common goal or purpose.
Example: The agency of international aid organisations collaborated to provide relief to the disaster-stricken region.

9. The action or process of intervening or mediating in a situation, often to resolve conflicts or disputes.
Example: The United Nations sent a peacekeeping agency to the war-torn country.

10. A sense of personal control or influence over one’s own life and circumstances.
Example: Empowering individuals to exercise agency is crucial for promoting personal growth and well-being.

Full Definition Of Agency

An agency is a legal relationship in which one party (the principal) gives another party (the agent) the authority to act on their behalf. This relationship is typically established through a contract or agreement, and the agent is authorized to perform certain tasks or make decisions on behalf of the principal. The agent has a duty to act in the best interests of the principal and to follow their instructions, while the principal is responsible for the actions of the agent within the scope of their authority. This legal relationship creates rights and obligations for both parties, and can be terminated by either party at any time.

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Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 29th March 2024.

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