COMMERCEapersonorcompanythatbuyssomething for someoneelse:Produce wasboughtby abuyingagentonbehalfof thetradingcompanies.PROPERTYapersonorcompanythathelpssomeoneelsebuyapropertysuch as ahouse:In somestates, thebuyingagentandsellingagentcanworkfor the sameagency.See alsoselling agentestate agentreal estate agent(Definition ofbuying agentfrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofbuying agent
buying agentAs a food cooperative, one of its goals is to be abuyingagentto its members, not a selling agent to any industry.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.This happens because the selling agent typically prefers splitting his commission with thebuyingagent rather than waiting longer to find another buyer and sell the same property.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.For a bidder the auction system offers an optional "phantom" bidding service, called proxy bidding, which is equivalent to initialisation of abuyingagent.From theCambridge English CorpusWe can imagine abuyingagentdedicated to buying bandwidth for each source-destination pair and link agents selling bandwidth on each link.From theCambridge English CorpusSimilarly, abuyingagentis given his price "raise" function.From theCambridge English CorpusThe strategy of thebuyingagentis straightforward, i. e. bid the minimum amount necessary to exceed the current highest bid - up to maximum bid until the auction is over.From theCambridge English CorpusThebuyingagentmight get through by telephone an order to buy, and through the other telephone he communicates with the exchange and buys accordingly.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0The negotiation problem is difficult to solve because there is strong competition both among the buying agents and among the selling agents.From theCambridge English CorpusThe processing factories took advantage of this provision immediately by appointing their own buying agents to purchase cocoa, mainly from middlemen.From theCambridge English CorpusThe retailers play passive roles in this process; they just provide information to the buying agents.From theCambridge English CorpusThese examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/buying-agent##
