Legal Definitions - federal agency

Definition: A federal agency is a fiduciary relationship created by express or implied contract or by law, in which one party (the agent) may act on behalf of another party (the principal) and bind that other party by words or actions. It is an organization established by the federal government to carry out specific functions and services.

Examples: Examples of federal agencies include the Environmental Protection Agency (EPA), the Federal Bureau of Investigation (FBI), and the Internal Revenue Service (IRS).

Explanation: These agencies are created by the federal government to carry out specific functions and services. For example, the EPA is responsible for protecting human health and the environment by enforcing regulations and laws related to air and water quality. The FBI is responsible for investigating federal crimes and threats to national security. The IRS is responsible for collecting taxes and enforcing tax laws. These agencies act on behalf of the federal government and are authorized to carry out their duties on its behalf.