What is Agency Costs?
Agency Costs means: Agency fees are a type of internal business expense that arises from the actions of an agent acting on behalf of a client. Agency fees usually arise from disqualifications, dissatisfaction, and fundamental barriers, such as conflicts of interest between shareholders and management. Agency fees are paid by the acting agent.
- Agency fees are internal costs that are borne by the client through the working agent.
- Incompetence, dissatisfaction and great anxiety increase agency costs.
- Agency costs, including the cost of meeting the needs of opposing parties, are known as agency risks.
- There is a highly representative relationship between the company's management (agents) and its shareholders (key).
Literal Meanings of Agency Costs
Meanings of Agency:
A company or organization that is set up to provide certain services usually mediates a transaction between two other parties.
Process or intervention, especially to achieve a certain effect.
Agent status or role.
Sentences of Agency
An advertising agency
The river was dug by the river's water authorities
Synonyms of Agency
business, organization, company, firm, office, bureau, concern, service, action, activity, effect, influence, force, power, work
Meanings of Costs:
Payment (a sum of money) is required before the acquisition or realization of (an item or action).
Sentences of Costs
Each issue of the magazine costs 1
Synonyms of Costs
be priced at, sell for, be valued at, fetch, come to, amount to, be, value, price, put a price on, put a value on, put a figure on, estimate the cost of, estimate the price of, evaluate, asking price, market price, selling price, fee, tariff, fare, toll, levy, charge, hire charge, rental