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An economic agent appointed to act on behalf of smaller

agents in collecting information and/or investing funds.

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12y ago

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Related Questions

What is a power that was created for the president through laws established by Congress called?

I would call it a "delegated power" meaning power that constitutionally belongs to Congress is passed along or delegated to the President.


How do you use delegated of power in a sentence?

power [[[[[ delegated


How do you use delegated power in a sentence?

power [[[[[ delegated


What is delegated monitoring?

This paper develops a theory of financial intermediation based on minimizing the cost of monitoring information which is useful for resolving incentive problems between borrowers and lenders. It presents a characterization of the costs of providing incentives for delegated monitoring by a financial intermediary. Diversification within an intermediary serves to reduce these costs, even in a risk neutral economy. The paper presents some more general analysis of the effect of diversification on resolving incentive problems. In the environment assumed in the model, debt contracts with costly bankruptcy are shown to be optimal. The analysis has implications for the portfolio structure and capital structure of intermediaries.


Why are delegated powers called delegated powers?

They are called so because they are power specifically delegated to a certain level of government's jurisdiction.


What is the difference between delegated delegated reserved and concurrent powers?

sb


Where are delegated powers are found?

Delegated powers are distributed authority in a federal system of government, so any federal system would have delegated powers.


Who has delegated powers?

A delegated power is one that is reserved for the federal government, so obviously the national government has delegated powers.


Delegated powers in a sentence?

The people within the colonies were tired of the delegated powers being placed on them by the British Parliament. (This is an example of the term delegated powers in a sentence.)


Explain Authority can be delegated but accountability cannot be delegated?

please explain authority in detail


Is encouraging trade one of the delegated powers?

Trade is a delegated power to the US Congress.


What is the meaning of Ecomog?

ECOMOG: Economic Community of West African States Monitoring Group