agency cost

基本解释

It has realized the concentration of ownership and right of administration, so reduces agency cost, incents and restricts the management.
它实现了所有权和经营权的集中，从而降低代理成本、激励和约束管理层。
Parts II, III, and IV each explore a different, potentially agency cost-minimizing mechanism of secrecy. Each Part describes the mechanism and its ideal implementation.
第二部分、第三部分、第四部分探讨了有关保密的、潜在的降低代理成本的不同机制、每一部分均描述了这个机制及其理念的实施。
Transparency should not be “the general rule to which secrecy is the occasional exception”[12] unless it is the best agency cost-reducing mechanism across almost all situations.
透明不应该是“秘密是非正常的例外这样的一般原则。” [12]除非有满足不同条件下的降低代理成本的最好机制。

The agency is to design its own heavy lift rocket at a cost of three billion dollars.
The United Nations agency gives two main reasons for what it calls "the cost of coercion."
They start running ads. This is what they always do" But some objections are based on cost estimates from an independent agency, the Congressional Budget Office.

Not according to a new econometric study that concludes no more than 20% of existing coal generation is likely to switch over to gas, even if the Environmental Protection Agency drives up the cost of coal generation and gas prices stay at their current, low rates indefinitely.
FORBES: Frack Gas Not Likely To Displace King Coal, Study Suggests

代理成本
Have entrustment — agency relation, there is agency cost.
存在委托—代理关系,就存在代理成本。
代理费用

代理成本
However, in practice, manager compensation itself becomes a classic agency cost, and an important problem in corporation governance.
经营者报酬被作为降低代理成本、协调经营者和股东利益的公司治理的重要手段,但实践中却演变成典型的代理成本,成为上市公司治理亟需解决的重要问题。