| fiscal agent 1) A third party who acts on behalf of a bond issuer to pay subscribers to the issue and generally assist the issuer. 2) An agent for one of the national financial institutions in the USA who acts as an adviser, for example, to the National Mortgage Association for its debt securities. 3) In the USA, an agent empowered to collect taxes, revenues, and duties on behalf of the government. For example, the Federal Reserve Banks perform this function for the US Treasury. |