agency costs
代理成本
The expense involved in using a third party to carry out a task. Examples include hiring a fund manager to look after an individual’s investment portfolio, or the cost to shareholders of having professional managers run a business.
使用第三方执行任务所涉及的费用。例如，聘请基金经理来管理个人的投资组合，或者让职业经理人经营企业给股东带来的成本。
