commercial agency


commercial agency
Literally, the agency of a commercial agent; a collection agency; in a more refined sense, an agency for the collection of past due accounts arising out of commercial transactions, that is, transactions not involving consumers. 15 Am J2d Collect § 1; a person, firm, or corporation engaged in the business of collecting information relating to the financial standing, credit, character, responsibility, and general reputation of persons, firms, and corporations engaged in business, and furnishing this information to subscribers for a consideration. 15 Am J2d Collect § 3.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • commercial agency — ➔ agency * * * commercial agency UK US noun [C] also US mercantile agency) COMMERCE, FINANCE ► a company that provides details about companies financial situations to other businesses, especially about their ability to pay back loans → Compare… …   Financial and business terms

  • commercial agency — noun an organization that provides businesses with credit ratings of other firms Dun & Bradstreet is the largest mercantile agency in the United States • Syn: ↑mercantile agency • Hypernyms: ↑agency * * * noun : mercantile agency 2 * * * …   Useful english dictionary

  • commercial agency — agency which investigates the financial standing and reputation of individuals firms and corporations …   English contemporary dictionary

  • commercial agency — credit reference agency An organization that gives a credit reference on businesses or persons. They specialize in collating information regarding debtors, bankruptcies, and court judgements in order to provide a widely based service to their… …   Big dictionary of business and management

  • commercial agency — An office for the collection of debts for clients; also an agency for gathering credit information …   Black's law dictionary

  • commercial agency — An office for the collection of debts for clients; also an agency for gathering credit information …   Black's law dictionary

  • commercial agency — a concern that investigates for the benefit of its subscribers the financial standing, reputation, and credit rating of individuals, firms, corporations, or others. [1895 1900, Amer.] * * * …   Universalium

  • commercial — com·mer·cial adj: of or relating to commerce commercial regulations com·mer·cial·ly adv Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. commercial …   Law dictionary

  • agency — In context of general equities, buying or selling for the account and risk of a customer. Generally, an agent, or broker, acts as intermediary between buyer and seller, taking no financial risk personally or as a firm, and charging a commission… …   Financial and business terms

  • commercial agent — Another term for a broker in merchandise; one who sells merchandise by sample, catalogue, or otherwise, without having possession of the goods. Re Orville S. Wilson (Dist Col) 8 Mackey 341. The term is also used to designate a consular officer in …   Ballentine's law dictionary


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.