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Paying Agent
(redirected from Paying Agents)

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Paying agent
An agent who makes principal and interest payments to bondholders on behalf of the issuer.

Paying Agent
An institution, usually an investment bank, that accepts funds from the issuer of a security and distributes them to that security's holders. In stocks, a paying agent receive dividends, which it then disburses to stockholders. In bonds, it receives coupon payments, which it then gives to bondholders. A paying agent acts as an intermediary in these transactions, and receives a fee for these services. See also: Outsourcing.

paying agent
A financial institution that makes the payments to the holders of an issuer's securities. For example, an indenture will name a paying agent responsible for making interest and principal payments on a bond issue.


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Why the hell are football clubs paying agents when they represent the player?
Byline: DOUG THOMSON , Andy ritchie is happy to buy into Town's policy of not paying agents - even if it makes his job harder.
Additionally, the Bank's network of European paying agents facilitates the easy movement of cash and securities for all debt and equity issues.
 
 
 
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