Definition of Commercial agency

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TeachMeFinance.com - explain Commercial agency




historic definition...

Commercial agency -- Same as mercantile agency; a concern which with the cooperation of merchants, manufacturers, bankers and others ascertains, records and makes known to its patrons or subscribers the financial standing, general business reputation and credit ratings of individuals, firms and corporations engaged in mercantile and industrial enterprises. In addition it compiles reports on the state of trade and on commercial and financial operations generally, including records of failures, judgments, etc.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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