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In United States business law, a registered agent, also known as a resident agent or statutory agent, is a business or individual designated to receive service of process when a business entity is a party in a legal action such as a lawsuit or summons. The registered agent's address may also be where the state sends the paperwork for the periodic renewal of the business entity's charter. The registered agent for a business entity may be an officer or employee of the company, or a third party, su
DEFINITION of 'Agent'. 1. An individual or firm that places securities transactions for clients. 2. A person licensed by a state to sell insurance.3. A securities salesperson who represents a broker-dealer or issuer when selling or trying to sell securities to the investing public.Next Up.n individual or firm that places securities transactions for clients. 2. A person licensed by a state to sell insurance. 3. A securities salesperson who represents a broker-dealer or issuer when selling or trying to sell securities to the investing public.