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Tip of the Day Bunch your Deductions into One Year

Bunch your Deductions into One Year - Every year it gets harder to do your taxes and receive a return, but part of good planning is to make sure that...

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Paying Agent


Paying Agent - Paying Agent is a registered individual or individuals accepting payments from the issuer of a stock security. It is an individual in the position of distributing payments to the holders of stock security upon the dividend reimbursement, a disbursing agent. A bank institution is the paying agent designated to pay and distribute the dividend, coupon, and principal payments to the stock security holders. It is an authorized agent who is designate to initiate timely dividend payments to the shareholders of record, providing they are registered shareholders. Occasionally, the issuing organization treasure of record is designate as the registered paying agent.

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Definition of the Day Majority Shareholder

Majority Shareholder - Majority Shareholder is a shareholder who is part of a group that controls more than half the outstanding shares of a corporation. A single shareholder who controls more than half a corporation's outstanding shares, or sometimes, one of a small group of shareholders who collectively control more...

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