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Glossary   >   P   >   "Principal-agent relationship" Definition            Principal-agent relationship A situation that can be modeled as one person, an agent, who acts on the behalf of another person, the principal. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Principal-agent relationship - A situation that can be modeled as one person, an agent, who acts on the behalf of another person, the principal.