A bank is usually the paying agent designated to make dividend, coupon, and principal payments to the security holder on behalf of the issuer.
Investment dictionary. Academic. 2012.
paying agent — An entity responsible for paying bond principal and interest on behalf of the debtor. American Banker Glossary An agent who makes principal and interest payments to bondholders on behalf of the issuer. Bloomberg Financial Dictionary A trader… … Financial and business terms
Paying agent's claim — An ISO term. A claim by a paying agent for reimbursement of income, or redemption proceeds, or a combination of both … International financial encyclopaedia
paying agent — A bank or other organization that contracts under a paying agency agreement to pay, upon presentation to one of its designated offices, the interest and capital sums due on a bearer security … Accounting dictionary
paying agent — A bank or other organization that contracts under a paying agency agreement to pay the interest and capital sums due on a bearer security … Big dictionary of business and management
paying agent — / peɪɪŋ ˌeɪdʒənt/ noun a bank which pays dividend or interest to a bondholder … Dictionary of banking and finance
issuing and paying agent — ( IPA) Euroclear Clearing and Settlement glossary An institution that acts on behalf of the issuer of securities in distributing the securities and in realising the proceeds thereof for the benefit of the issuer. Also, on behalf of an issuer, an… … Financial and business terms
issuing and paying agent — (IPA) An institution that acts on behalf of the issuer of securities in distributing the securities and in realising the proceeds thereof for the benefit of the issuer. Also, on behalf of an issuer, an IPA makes payments to holders of securities … Euroclear glossary
Agent — The decision maker in a principal agent relationship. The New York Times Financial Glossary * * * agent a‧gent [ˈeɪdʒnt] noun [countable] 1. COMMERCE JOBS a person or company that is paid by another person or company to represent them in… … Financial and business terms
agent — A party appointed to act on behalf of a principal entity or person. In context of project financing, refers to the bank in charge of administering the project financing. Bloomberg Financial Dictionary For the purpose of the Agent Service, an… … Financial and business terms
ENL Paying Agent — Where the CSD is Euroclear Nederland, the Client designated by the issuer of a security and approved by the CSD in order to represent the issuer vis à vis the CSD in relation to corporate action payments on such security Euroclear Clearing and… … Financial and business terms
