paying agent
Definition
Entity (usually a bank) that pays a bond issue's periodic interest and principal to the bondholders on behalf of the bond issuer.
paying agent is in the Accounting & Auditing, Banking, Commerce & Finance and International Trade & Relations subjects.
paying agent appears in the definition of the following term: trust company
This content can be found on the following page:
http://www.businessdictionary.com/definition/paying-agent.html
email to a friend
print this definition
cite this definition
link to this page