fiscal agent
Americannoun
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
From Manhattan came an offer for a $5,000,000 loan to the State by Chemical Bank & Trust Co., long Tennessee's fiscal agent.
From Time Magazine Archive
As fiscal agent it dispenses coupon and interest payments on bond issues, and dividends on stock.
From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
