Commercial Agent
/ˈkɒmɜːrʃəl ˈeɪdʒənt/
Definitions
- (n.) A person or entity authorized to negotiate or conclude commercial transactions on behalf of another, typically under agency agreements governed by commercial agency law.
The commercial agent negotiated the sales contract with overseas buyers.
Forms
- commercial agents
Related terms
See also
Commentary
In legal drafting, distinguish a commercial agent from other types of agents by emphasizing their role in negotiating and concluding transactions rather than merely facilitating or brokering sales.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.