Fiscal Agent

Also found in: Acronyms

0.01 sec.

Fiscal Agent

A bank or similar institution that, in exchange for a fee, takes over fiscal responsibilities of another party. For example, a publicly-traded company may hire a fiscal agent to distribute dividends or coupons on its behalf. A fiscal agent allows the client to streamline its operations such that it can concentrate on its actual business, rather than worrying about who receives the proper dividends. See also: Outsourcing.

fiscal agent

The organization responsible for paying the interest and principal of another organization's debt. For example, Valdosta State Bank may be fiscal agent for, and make interest and principal payments on, debt incurred by Scott Motors Corporation.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		References in periodicals archive	?		Financial browser	?		Full browser	?
Foreign Official Institutions National Reserve Bank of Tonga			Tacoma Community College will serve as the fiscal agent and project manager for this grant, working with its more than two dozen partners. Tacoma Community College in Washington, in partnership with Tacoma ... by Community College Week Byline: THE NEW MEXICAN In brief County to help film studio as fiscal agent Santa Fe County agreed to act as the fiscal agent Tuesday for a $10 million state economic-development grant that will be used to help a private company build a four-stage film production studio in the county's media park on N. IN BRIEF by The Santa Fe New Mexican (Santa Fe, NM) Generally, the appointment as fiscal agent has been taken to confer authority to act for, or in place of, the federal government in matters relating to public revenues, public debt, and other financial business. Federal Reserve Banks as fiscal agents and depositories of the United ... by Trimble, Theresa A. / Federal Reserve Bulletin			First board First Call First Call Date First Coupon First Cruzeiro First Dollar Coverage First East African Shilling First Fundamental Welfare Theorem First Home First Icelandic Krona First In, First Out First market first mortgage First Notice Day First Position Day first preferred stock First Section First Sudanese Pound first-generation space first-in, first-out First-pass regression First-Time Homebuyer first-year depreciation Fiscal agency agreement Fiscal Agency Services Fiscal Agent Fiscal Drag Fiscal Neutrality Fiscal Period Fiscal Policy Fiscal Quarter Fiscal stimulus fiscal year Fiscal Year-End Fiscalmente rilevante Fischer Black Fisco Fisher Effect Fisher's Separation Theorem Fishyback Fisk-Gould Scandal Fissazione del prezzo dell'oro Fit Fit Investment Fitch Investors Service Fitch Ratings Fitch Sheet Five Against Bond Spread Five Against Note Spread Five Cs of Credit Five Hundred Dollar Rule			FIS-B FIS-COV FISA FISA FISA law FISAA FISAC FISAF Fisamox Fisamox FISAP FISAR Fisarmonica Fisarmonica FISAT FISB FiSBO fisc fisc FiSCA FISCAA fiscal fiscal fiscal Fiscal Affairs and Administrative Policy Fiscal Affairs Department Fiscal Affairs Office Fiscal agency agreement Fiscal Agency Service Fiscal agency services Fiscal Agent Fiscal Agent Organization Fiscal Agents Fiscal Analysis and Research Unit Fiscal and Financial Allocation and Monitoring Commission Fiscal and Statistical Management Act Fiscal Austerity and Urban Innovation Fiscal calendar Fiscal calendar Fiscal calendar Fiscal Cancel Fiscal committee Fiscal committee Fiscal committee Fiscal committee Fiscal Conservative in Name Only Fiscal Control and Internal Auditing Act Fiscal Crisis & Management Assistance Team Fiscal Deficit Fiscal Deficit Fiscal Deficit Fiscal Deficit Fiscal Director of the Marine Corps Fiscal discipline Fiscal discipline Fiscal drag Fiscal drag Fiscal Economics fiscal exchange Fiscal Guidance Fiscal Guidance Category

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.