Meaning & use
commercial agency
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Meanings
nouncountablebusiness
A business that arranges or negotiates sales or deals on behalf of other companies for a fee or commission.
Grammar: Countable: a commercial agency, several commercial agencies.
Patterns
- commercial agency for something
The firm hired a commercial agency to sell its products abroad.
A commercial agency earns a commission on each contract it arranges.
She works for a commercial agency that represents small manufacturers.
noununcountablelegalbusiness
The legal arrangement in which one party is allowed to act for another in business dealings.
Grammar: Often used in contracts and law: the commercial agency agreement.
Patterns
- commercial agency agreement
The commercial agency agreement lasts for two years.
Commercial agency law gives the agent certain rights.
The court examined whether a commercial agency existed between the parties.
Word forms
| plural | commercial agencies |
|---|
Common combinations
- hire a commercial agency
- We hired a commercial agency to find overseas buyers.
- commercial agency agreement
- Both sides signed a commercial agency agreement.
- terminate a commercial agency
- Ending a commercial agency may require notice.
- act through a commercial agency
- The firm acts through a commercial agency abroad.
- commercial agency fees
- Commercial agency fees were paid as a percentage.
Synonyms and how they differ
- sales agency
- Sales agency focuses on selling, whereas commercial agency can include negotiating and other business tasks.
- brokerage
- Brokerage is often used for finance or property and stresses bringing buyers and sellers together.
- representative office
- A representative office belongs to a company itself, while a commercial agency is an independent business.
Word family
- agent noun
- a person who acts for another
- agency noun
- an organization that provides a service
- commercial adjective
- relating to business and trade
- commercially adverb
- in a way that relates to business
Commonly confused: commercial agency or advertising agency?
commercial agency vs advertising agency
An advertising agency plans and produces advertisements. A commercial agency arranges sales or deals for others.
Practice
What does a commercial agency usually do?
Choose one answer.
A commercial agency negotiates deals for others. Designing ads is an advertising agency, and the other options are unrelated.
Make it your own
Write a sentence using “commercial agency”, then check it and compare it with the examples above.