Akademik

agent

agent

A person who has received, usually by appointment, the power to act on behalf of another. (Dictionary of Canadian Bankruptcy Terms)

Section 427 of the Bank Act

A person, usually a Trustee in Bankruptcy, appointed by a bank to realize on its security as defined under Section 427 of the Bank Act. The security covered is inventory. (Dictionary of Canadian Bankruptcy Terms)

United Glossary of Bankruptcy Terms 2012.

Glossary of Bankruptcy.