paying agent
noun[C]
ukusFINANCE
abank, etc. thatmanagespaymentsfrombuyersof a company'ssharesorbonds, and thepaymentsofdividendsandinterestto them
Examplesofpaying agent
paying agent
A transfer agent may also serve as the company'spayingagentto pay out interest, cash and stock dividends, or other distributions to stock- and bondholders.
From
This example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.In other words, the highestpayingagentgets the goods.
From theCambridge English Corpus
These loans followed the general structure of borrowing against future delivery of crops, with the government apparently acting as delivery andpayingagent.
From theCambridge English Corpus
Contact with third countries and associated territories must cover the same ground: in other words, minimum taxation on the equivalent co-existence model and adoption of thepayingagentmethod.
FromEuroparl Parallel Corpus - English
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