Issuer
(noun)
- An entity that issues or provides securities, such as bonds or stocks.
- An entity that produces and delivers a document, such as a certificate or license.
Origin:
The word 'issuer' originated from the old french word 'issuir' meaning 'to go out' or 'to come out'.
Examples:
- The issuer of the bond is responsible for paying the interest and principal.
- The issuer of the stock offered a dividend to its shareholders.
- The issuer of the passport is the government agency responsible for issuing passports.
- The issuer of the driver's license is the department of motor vehicles.
- The issuer of the certificate granted recognition for the achievement.