The Life and Death of Julius Caesar Shakespeare homepage | Julius Caesar | Act 4, Scene 3 Previous scene | Next scene
Some foundations allow a tax-exempt organization to act as fiscal agent for another organization for various reasons. The fiscal agent agreement is more than an act of kindness from a big nonprofit to a startup. It is a legal action that has consequences.
fiscal agent. Definition. A bank or trust company which handles fiscal matters for a corporation, including disbursement of dividend payment funds, redeeming bonds and coupons at maturity, and handling taxes related to the issuance of bonds. Use fiscal agent in a sentence.