Paying agent - How To Discuss
Paying agent,
Definition of Paying agent:
Paying agents are usually a corporate trust department of a bank or trust company that are designated to make dividend, coupon, and principal payments to a security holder on behalf of the issuer. When paying agents are used for stocks—the agent receives dividends, which they then disburse to stockholders. For bonds, paying agents receive coupon payments, which they then give to bondholders. In a bond issue, the bond’s indenture will usually name a paying agent to be responsible for making interest and principal payments. A paying agent acts as an intermediary in these transactions, and receives a fee for their services.
A paying agent—also known as a "disbursing agent"—is one who accepts payments from the issuer of a security and then distributes the funds to holders of the security.
Entity (usually a bank) that pays a bond issues periodic interest and principal to the bondholders on behalf of the bond issuer.
How to use Paying agent in a sentence?
- Although paying agents work with all securities, including stocks, they are widely used with debt instruments, like bonds.
- A paying agent accepts payments from the issuer of a security and then distributes these funds to holders of the security.
- The paying agent's role is co-mingled with other kinds of agents in the complex process of bringing a new issue to market.
Meaning of Paying agent & Paying agent Definition
Paying Agent,
Paying Agent means,
An agent, usually a bank, pays dividends to shareholders on behalf of the issuing company.
Literal Meanings of Paying Agent
Paying:
Meanings of Paying:
Give (someone) money, receivables, or loans for your work
Experiencing an accident as a result of an action.
(Pay attention, respect or compliment someone)
Someone is paid money for a permanent job.
Seal with tar or tar (wooden boat deck or gasket) to prevent leakage.
Sentences of Paying
The passenger pays a guide to get through you
They pay the price for your impatience,
No one pays attention to them
The right to sick pay
Synonyms of Paying
proffer, present, suffer, give, give payment to, make atonement, hand out, afford, grant, remunerate, take-home pay, reward, tip, wages, pay the price, net pay, gross pay, suffer the consequences, pay a penalty, extend, salary, wage, be punished, indemnify, reimburse, bestow, recompense
Agent:
Meanings of Agent:
A person who works on behalf of another person or group.
Someone or something that plays an active role or has a special effect.
Sentences of Agent
In case of illness, your nephew can act as a legal representative with unlimited powers.
Colleges are generally liberal communities that often see themselves as agents of social change.
Synonyms of Agent
mouthpiece, vehicle, envoy, go-between, delegate, medium, spokesperson, spokesman, factor, proxy, representative, spokeswoman, instrument, emissary, business manager, liaison, frontman, negotiator, means, broker
