Fiscal agent and Free market: Difference between pages

Revision as of 08:22, 27 June 2016

Economics.

An economy where resources are allocated by the market by means of the market mechanism.

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-''Bonds''.
+''Economics.''
-In respect of a bond, an institution, a company or a bank which, on behalf of the issuing company that appoints it, makes interest payments and repayment of the principal upon presentation of coupon and/or bond certificates.
+An economy where resources are allocated by the market by means of the market mechanism.
-Where there is no trustee, the agent is commonly referred to as a 'fiscal agent'.
-The term 'paying agent' is usually used where the bond also has a trustee who represents the interests of the bondholders.
 == See also ==
-* [[Agent]]
+* [[Four freedoms]]
-* [[An introduction to debt securities]]
+* [[Fully planned economy]]
-* [[Bond]]
+* [[Market mechanism]]
-* [[Coupon]]
+* [[Mixed economy]]
-* [[Interest]]
-* [[Principal]]
+[[Category:Corporate_finance]]
 [[Category:Long_term_funding]]