|
|
Agency bank |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Agency bankA form of organization commonly used by foreign banks to enter the US market. An agency bank cannot accept deposits or extend loans in its own name; it acts as agent for the parent bank. It is also the financial institution that issues ADRs to the general market.Agency bank Similar MatchesAgency theoryAgency theoryThe analysis of principal-agent relationships, in which one person, an agent, acts on behalf of another person, a principal. Federal agency bondFederal agency bondFixed-income security issued by a government agency such as FNMA. AgencyAgencyA business operated by an agent in conjunction with his/her principal. Fiscal agency servicesFiscal agency servicesServices performed by the Federal Reserve Banks for the U.S. government. These include maintaining deposit accounts for the Treasury Department, paying U.S. government checks drawn on the Treasury, and issuing and redeeming savings bonds and other government securities. Credit reference agencyCredit reference agencyAn agency which holds information about the credit reliability of consumers and makes the information available at a fee to companies offering credit terms (e.g. credit card companies, mail order companies). Further Suggestionsfederal agency securityContributions Agency Dual Agency Agency Central Intelligence Agency Credit reference agency Agency cost view Agency incentive arrangement Administrative agency Benefits Agency Agency closing agency securities Federal agency securities Agency costs Agency basis Sole importing agency Agency securities Mercantile agency Fiscal agency agreement Multilateral Investment Guarantee Agency (MIGA) Agency problem |
|
|
|