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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Agent

Definition:

In a movie, an agent might be 007. For actors, it's the one ignoring their calls and getting 10% of their paycheck. When a company goes public and issues an IPO (Initial Public Offering), the agent is the person who sells or places the stocks or securities—and gets paid a nice commission to take care of all that.