Dictionary of Procurement Terms

Individual who acts on the behalf of any entity, such as a corporation, partnership, or any level of government as that entity conducts business. See also: Law of Agency, Principal, Buyer.

An agent who has much broader powers and more latitude in using their own judgment to carry out duties assigned to them by their principals; they act on behalf of the principal on a continuous basis.

An agent who has limited authority to perform only special tasks for its principal.