Trustee – Agent – Representative

A person (the agent) who is authorized by a company or person ( the represented party = the principal) to act on behalf of the represented party. The principal is therefore bound by the acts and commitments of his representative.

Updated 1/3/2016

Definitions provided under this section refer to the Belgian situation; unless specified otherwise. The texts are meant to summarize concepts in daily language and should not be considered as comprehensive or definite. We welcome suggestions for modifications or additions at glossary@tcm.be.