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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

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

The bonus which is exacted from the bank is a confession upon the face of the act that the powers granted by it are greater than are "necessary" to its character of a fiscal agent.

From A Compilation of the Messages and Papers of the Presidents Volume 2, part 3: Andrew Jackson, 1st term by Richardson, James D. (James Daniel)