commission agent
A 'commission agent' plays a crucial role in facilitating transactions by acting on behalf of a principal, often earning a fee for their services.
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Definition
B2Business
(general)An intermediary who sells goods or services for another party and earns a fee based on the sales made.
Example
- The company hired a commission agent to boost its overseas sales.
- As a commission agent, she earns a percentage of each sale she makes.
C1Law
(formal)A person authorized to possess and sell goods on behalf of a principal, earning a fee for successful transactions.
Example
- Under the contract, the commission agent is responsible for selling the consigned goods.
- The commission agent negotiated the sale of the artwork on behalf of the collector.
C1Informal
(informal)A person entrusted with a confidential task, such as placing a bet secretly.
Example
- He acted as a commission agent to place bets for high-profile clients.
Similar
Terms that have similar or relatively close meanings to "commission agent":