Akademik

intermediary

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An institution acting between 2 or more other entities by assuming certain rights and obligations. Exchange Handbook Glossary

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intermediary in‧ter‧me‧di‧a‧ry [ˌɪntəˈmiːdiəri ǁ ˌɪntərˈmiːdieri] noun intermediaries _PLURALFORM [countable]

a person or organization that helps to arrange agreements or business deals between other people or organizations:

intermediary between

• Financial institutions act as intermediaries between lenders and borrowers.

• Negotiations had taken place through an intermediary.

— intermediary adjective [only before a noun] :

• an intermediary role in the negotiations

fiˌnancial interˈmediary FINANCE

a financial institution such as a bank, insurance company etc that uses the money of investors to lend to borrowers:

• Personal pensions are available through financial intermediaries such as insurance companies, friendly societies, banks and building societies.

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intermediary UK US /ˌɪntəˈmiːdiəri/ noun [C] (plural intermediaries)

► a person or organization that makes business or financial arrangements between companies or organizations that do not deal with each other directly: »Global sourcing often creates additional intermediaries, such as foreign distributors, brokers, freight forwarders, and customs clearing agents.
act/serve as an intermediary between sb/sth and sb/sth »Insurance brokers act as intermediaries between companies that are seeking insurance and companies that provide such coverage.
through/via an intermediary »The bank has three million customers and provides loans via intermediaries such as high street stores.
»an insurance/market/mortgage intermediary
»intermediary markets/buyers

→ See also FINANCIAL INTERMEDIARY(Cf. ↑financial intermediary)

Financial and business terms. 2012.