noun
- the state or condition of acting together as agents; joint agency or cooperation in agency
Usage: formal; often used in legal or philosophical contexts
Examples
- The two companies entered into a coagency agreement to market the product together.
- In philosophy, coagency refers to the shared responsibility of multiple agents in producing an outcome.
- The contract established a coagency relationship between the broker and the sales representative.
- Legal scholars debated the implications of coagency in cases of joint liability.
- The coagency model allowed both organizations to benefit from shared resources and expertise.