Meaning of “disbursing agent” in the English Dictionary

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"disbursing agent" in Business English

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disbursing agentnoun [ C ]


a person or organization that manages the way a company pays its investors interest and dividends (= part of a company's profits paid to its shareholders):

The cash was paid out through the company's disbursing agents.

(Definition of “disbursing agent” from the Cambridge Business English Dictionary © Cambridge University Press)