agent

One of the parties to an agency relationship, the one who acts for and represents the other party who is known as the principal, being a substitute or deputy appointed by the principal with power to do certain things which the principal may or can do. 3 Am 32d Ag § 1. One employed to represent the employer in contractual negotiations. American Nat Ins Co. v Denke, 128 Tex 229, 95 SW2d 370, 107 ALR 409. The word imports the correlative idea of a principal, and implies employment, service, delegated authority-to do something in the name or stead of the principal. Brewer v State, 83 Ala 113. As used in embezzlement statutes, the term is construed in its popular sense as meaning a person who undertakes to transact some business or to manage some affair for another by the latter's authority and to render an account of such business or affair. It imports a principal and implies employment, service, and delegated authority to do something in the name and stead of the principal-an employment by virtue of which the money or property embezzled came into the agent's possession. 26 Am J2d Embez § 26.