fiscal agent

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.

单词	fiscal agent
释义	fiscal agent 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. AcronymsSeeFA
随便看	female oral stimulation female orgasmic disorder female parent female pattern baldness female pelvic floor disorder female person female pipe thread female pope female power female primary care giver female prisoners welfare project female probe owners club female pronucleus female prostate female pseudohermaphrodite female pseudohermaphroditism female rehabilitation and development organization cobra jet cobra lachesis cobra lecithinase cobra lilies cobra lily cobra maneuver cobra martial arts association co-brand