fiscal agent

Definition

A bank or trust company which handles fiscal matters for a corporation, including disbursement of dividend payment funds, redeeming bonds and coupons at maturity, and handling taxes related to the issuance of bonds.

Use fiscal agent in a sentence

I worked for a fiscal agent and helped a lot of people with their fiscal matters and things of that nature.

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In order to ensure accurate payments of dividend funds, the company uses a fiscal agent to handle those matters correctly.

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The fiscal agent that was responsible for the corporations money flow was convicted of fraud and embezzlement, which left the financial house of the small organic clothing shop in peril.

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