tied agent vs tight agent

The correct phrase is 'tied agent.' 'Tied agent' is a term used in the financial industry to refer to an agent who is restricted to selling the products of only one company. On the other hand, 'tight agent' is not a standard term in English and does not convey the intended meaning.

Last updated: March 23, 2024 • 3019 views

tied agent

This is the correct term used in the financial industry to refer to an agent who is restricted to selling the products of only one company.

Use 'tied agent' when referring to an agent who is tied or restricted to selling the products of a specific company.

Examples:

The insurance company uses tied agents to exclusively sell their policies.

Show examples from the web [+]

2. Member States shall require that payment institutions remain fully liable for any acts of their managers, employees, or any tied agent or subsidiary, pursuant to this Directive.
Member States shall require that payment institutions remain fully liable for any acts of their managers, employees, or any tied agent or subsidiary, pursuant to this Directive.
Member States shall require the investment firm to ensure that a tied agent discloses the capacity in which he is acting and the firm which he is representing when contacting or before dealing with any client or potential client.
(b) to carry out on site inspections with the payment institution, an outsourced entity, a tied agent or a subsidiary under the responsibility of the payment institution;
Member States shall require that payment institutions remain fully liable for any acts of their employees, or any tied agent or branch, and entities to which activities are outsourced, pursuant to this Directive.
Competent authorities shall provide each other with all relevant information, in particular in the case of infringement or suspected infringements by a branch, a tied agent or an outsourced entity.
Member States shall require that payment institutions remain fully liable for any acts of their managers, employees, or any tied agent, subsidiary or outsourced entity, pursuant to this Directive.
a director, partner or equivalent, manager or tied agent of the firm;
a director, partner or equivalent, or manager of any tied agent of the firm;
4. Competent authorities shall provide each other with all relevant information, in particular in the case of infringements or suspected infringements by a branch, a tied agent or a subsidiary.
(a) a director, partner or equivalent, manager or tied agent of the firm;
(b) a director, partner or equivalent, or manager of any tied agent of the firm;
Competent authorities shall provide each other with all relevant information, in particular in the case of infringements or suspected infringements by a branch, a tied agent or a subsidiary.
For example, amendments relating to the tied agent that were designed to find a solution to ease the adaptation of legislation in those countries in which there is currently no regulation in this field.
As it performs a limited range of functions on behalf of one investment firm, the tied agent should not be considered an investment firm itself and should not be eligible to undertake its activities in other Member States.
«tied agent» means a natural or legal person which acts on behalf of a payment institution in carrying out payment services;
where the investment firm is acting through a tied agent, a statement of this fact specifying the Member State in which that agent is registered;
(16) "tied agent" means a natural or legal person which acts on behalf of a payment institution in carrying out payment services;
"tied agent" means a natural or legal person which acts on behalf of a payment institution in carrying out payment services;
"tied agent" means a legal person which acts on behalf of a payment institution in carrying out payment services;

tight agent

This is not a standard term in English and does not convey the intended meaning.

Show examples from the web [+]

Agent Ballard, let's just sit tight a minute.
Agent Gaad likes to run a tight ship as far as office supplies are concerned.
I can assure you, agent Lisbon, I keep a tight rein over my undercover officers.

Alternatives:

tied agent

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tied agent vs tight agent

tied agent

tight agent

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