![](/template/termwiki/images/likesmall.jpg)
Home > Terms > Armenian (HY) > գործակալ
գործակալ
1. An entity within the economy that makes economic decisions and engages on economic activity. Used to refer to individual consumers, households, and firms. 2. One who acts on behalf of someone else. 3. In Principal-Agent Theory, the person whose job it is to act to the benefit of someone else (the principal), but who may require some incentive to do so.
0
0
Improve it
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Economy
- Category: International economics
- Company: University of Michigan
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
Industry/Domain: Health care Category: Dermatology
Եթերային յուղ
եթերային յուղը բուսական նյութերից արտահանված հեղուկ ցնդող նյութերի հոտավետ խառնուրդ է: եթերային յուղերի մեծ մասը հեշտությամբ լուծվում է բենզինի, ...
Contributor
Featured blossaries
indigo74
0
Terms
8
Blossaries
1
Followers
Cosmetic Bag , fashion bags and womens Accessories
Category: Fashion 1
3 Terms
![](/template/termwiki/images/likesmall.jpg)
Browers Terms By Category
- Film titles(41)
- Film studies(26)
- Filmmaking(17)
- Film types(13)
Cinema(97) Terms
- Nightclub terms(32)
- Bar terms(31)
Bars & nightclubs(63) Terms
- General art history(577)
- Visual arts(575)
- Renaissance(22)
Art history(1174) Terms
- Lumber(635)
- Concrete(329)
- Stone(231)
- Wood flooring(155)
- Tiles(153)
- Bricks(40)