An institution that provides indirect means for funds from those who wish to save or lend to be channeled to those who wish to invest or borrow. Examples include banks and other depository institutions, mutual funds, and some government programs.
Institutions that provide indirect financing by attracting funds from economic units with a surplus and making them available to deficit-spending entities. Examples include banks, insurance companies, and pension funds.
a business enterprise that redirects funds from the savers (by way of accepting deposits) to the borrowers (by lending them the deposits that have been made). Page 352
an institution that specialises in bringing lenders and borrowers together
an institution that specializes in bringing lenders and borrowers together
an institution which creates and issues financial claims against itself and uses the proceeds to acquire and hold financial claims against others
In its broadest sense, the term "intermediary" includes any person who serves to bring other persons together. Intermediation is the service provided by a person in bringing together suppliers and consumers of particular goods and services. Intermediaries therefore reduce transaction costs otherwise associated with matching suppliers and consumers. "Financial intermediation" can be divided in to four categories: intermediation between suppliers and users of financial capital; intermediation between persons with different exposures and/or tastes for risk; intermediation between persons with exposure to similar risks; intermediation between buyers and sellers of commodities, currencies, debt and equity securities. In addition to these intermediation services, firms may also provide advisory and administrative services, such as record-keeping and cash management functions and credit and investment evaluation.
A financial institution that borrows money on its own account and loans money to other borrowers. Insurance companies are financial intermediaries.
An institution operating in the financial and capital markets.
See financial institution.
Financial institution that accepts deposits and makes loans.
Specialist (bank, investment firm, online broker, etc.) that trades on a financial market on behalf of investors. The services provided by an intermediary depend on its status: order reception/transmission, trading, custody etc..
An organization that borrows money from one group of people or institutions and loans it to other people or institutions. These include banks, savings and loan associations, credit unions, community loan funds and others.
A financial intermediary is a party that brings together providers and users of finance, either as a broker or as principal.
A financial institution that serves as a middleman between depositors and borrowers. Savings and loan associations, for example, attract many deposits from individuals. In turn, these deposits are made available to borrowers through a loan. The difference between what the financial intermediary pays to attract deposits and what it charges on its loan is its gross profit.
An institution that indirectly matches borrowers with lenders. For example, depository institutions, such as commercial banks or savings and loan institutions, lend funds that they have accepted from depositors. Nondepository institutions, such as life insurance companies or pension funds, lend or invest funds that they hold in reserve against future claims by policyholders or participating retirees.
A firm that takes deposits from households and firms and makes loans to other households and firms.
An institution that acts as the middleman between investors and firms raising funds. Often referred to as financial institutions.
A firm, such as a bank or savings and loan association, which performs the function of collecting deposits from individuals and investing them in loans and other securities
An institution such as a bank, life insurance company, credit union or mutual fund company which receives cash and invests it on behalf of the suppliers of the cash.
The term financial intermediary may refer to an institution, firm or individual who performs intermediation between two or more parties in a financial context. Typically the first party is a provider of a product or service and the second party is a consumer or customer.
