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Home > QFINANCE Dictionary > Definition of sole agency

Definition of

sole agency

Business

exclusive agreement to operate an agreement to be the only person to represent a company or to sell a product in a particular area.

Related definitions of "sole agency"

sole agency - Related Articles

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    Under an agency agreement for the sale of goods manufactured by the principal, the principal gives the agent the right to sell its products in a well-defined territory, for a certain period of time, in exchange for a commission fee. The agency can be simple, sole, or exclusive. A sole agency means

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Definitions of ’sole agency’ and meaning of ’sole agency’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’sole agency’ and other financial terms with our online QFINANCE Financial Dictionary.

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