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fiscal agent

American  

noun

  1. a person or organization serving as another's financial agent.


Etymology

Origin of fiscal agent

First recorded in 1835–45

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

In the United States, Congress passes the budget, while the Treasury, in cooperation with its fiscal agent, the Federal Reserve, makes the necessary payments.

From The Guardian • Apr. 17, 2020

The GDB, which acts as bank, adviser and fiscal agent to the Puerto Rican commonwealth, is essentially the checking account where municipalities deposit and withdraw money.

From Washington Post • Apr. 30, 2016

The Federal Reserve, as fiscal agent for the U.S.

From BusinessWeek • Jan. 18, 2011

Steel, the firm is the fiscal agent in this country for Great Britain and France.

From Time Magazine Archive

A commission on the sum distributed or a fixed amount is charged when acting as fiscal agent, apart from duties in other capacities.

From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur