Examlex
In the warehouse data repository, two types of data are stored in the same table.
Agency
A legal and business relationship in which one party, the agent, is authorized to act on behalf of another party, the principal, in transactions with third parties.
Principal
In finance, refers to the original sum of money borrowed in a loan, or put into an investment, not including the interest. In a second context, it can refer to the primary party involved in a transaction or the main individual in a business.
Relationship
The way in which two or more concepts, objects, or people are connected, or the state of being connected.
Power of Attorney
A legal document granting one person (the agent) the power to act on behalf of another (the principal), especially in legal or financial matters.
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