A broker who acts as an Intermediary in a transaction does not represent either party. He may not do anything that would give any party to the transaction an advantage over any other party. Extremely limited in services he can offer to either party. Also know as Facilitator, Transaction Broker, Mediator. Caution: This form of agency offers a reduced level of service and should never be considered unless you are very knowledgeable about real estate.
A third party in the design, negotiation, and administration of a reinsurance agreement. Intermediaries recommend to ceding companies the type and amount of reinsurance to be purchased and negotiate the placement of coverage with reinsurers. Also called a broker. See Brokerage Market.
a person who is engaged in working with or between parties in conflict to help them communicate, discuss and possibly reach agreement relevant to their dispute or conflict. Intermediaries can play a number of roles such as conveying messages back and forth, hosting or convening meetings, facilitating dialogue, providing advice and other support for negotiations, and mediating.
An independent third party that may act as a mediator during negotiations.
An agent or agency situated between two persons or parties; a go-between or mediator.
Brokers and other intermediaries attempt to arrange suitable financial products or policies for you. They can be fully independent, part of a network that uses a panel of providers, or tied to certain institutions in which case they can only sell their products.
A broker, agent or other entity through which insurance arrangements are established.
With respect to any particular electronic message means any person who on behalf of another person receives, stores or transmits that message or provides any service with respect to that message.
A person or organization responsible to offer advice for clients. It also arranges policies for them.
The third party between sellers and buyers, such as retailing or distributors
A person or company that acts as a mediator between two parties (Charles Conran Financial Services is an intermediary between its clients and the lenders/providers)
a negotiator who acts as a link between parties
a broker, custodian, nominee, or any other person that acts as an agent in receiving income for another person
an entity that receives income on behalf of a beneficial owner, i
an organization that enables a group of small organizations to receive and manage government funds by administering the grant on their behalf
a person who comes between two things in time, place, order, character or acts as a mediator
An organization that provides investment and/or administrative services to a plan. The organization may or may not have investment discretion. Types of intermediaries include bank trust departments, investment managers, consulting firms, and brokers.
When buying a financial product you may not want to buy from the fund management company directly but go to a third party who may be able to offer you advice or a discount. These third parties are known as intermediaries and include banks, building societies and independent financial advisers.
This is an advisor or broker who will find the best mortgage for a particular client.
An agent who is engaged to negotiate matters between two parties, also called a Business Broker.
A consultant who performs M&A advisory services on behalf of buyers and sellers of middle market companies with values in the range of $5-$75MM. Generally works off the Lehman formula or some modification thereof.
A third party (neutral) who facilitates a deal between two other parties.
A middleman that acts for the interests of either a buyer or seller of a business - such as an agent, broker or advisor.
A mortgage broker or advisor who locates the most appropriate mortgage for borrowers and arranges the mortgage on their behalf.
A company such as The mortgage monkey which matches borrowers with lenders. They will also undertake a certain amount of application processing and chasing on behalf of the client. Intermediaries generally receive a fee directly from the lender for these services, but can also occasionally charge the client a fee for their services.
A counter-party who enters into a swap in order to earn fees or trading profits. Most intermediaries or swap dealers are major US money-centre banks, major US and UK investment and merchant banks and major Japanese securities companies.
Intermediary is the company who acts as the accommodator in the exchange. A qualified intermediary is identified as follows: 1.) Not a related party to the Exchanger, (e.g. agent, attorney, broker, etc.); 2.) Receives a fee; 3.) Acquires the relinquished property from the Exchanger; and 4.) Acquires the replacement property and transfers it to the Exchanger.
In reinsurance, a broker who negotiates contracts of reinsurance on behalf of the reinsured. These transactions normally take place with those reinsurers that recognize brokers and pay them commissions on reinsurance premiums ceded.
AN INDIVIDUAL, FIRM OR ORGANISATION WHICH INTRODUCES MORTGAGE APPLICATIONS TO LENDERS (FOR EXAMPLE, ESTATE AGENTS, MORTGAGE BROKERS, INDEPENDENT FINANCIAL ADVISORS, SOLICITORS, ACCOUNTANTS AND LIFE ASSURANCE COMPANIES).
middleperson or business that helps connect prodcuers and consumers. Banks, stock brokers, and distributors are examples.
A person or organisation that offers advice and arranges policies for clients. Under UK regulations, intermediaries must be either (1) "Tied", whereby they represent only one company in the case of life business or a limited number of companies for general business, or (2) "Independent", whereby there is no limit on the number of companies with which they can deal.
An agent or broker through whom a transaction is arranged between parties.
Professionals who arrange mergers, acquisitions and various funding of companies with most of their transactions in the $1 million+ market. Intermediaries do not have their own fund to invest. At nvst.com, Intermediaries are classified as Advisors.
an individual or firm that offers advice and arranges policies for consumers. An intermediary may either be tied, representing certain companies with which they do business, or independent, free to provide products from any company on the market.
This is the person or organisation that offers advice and arranges policies for clients. Knock-for-Knock An agreement whereby each motor insurer agrees to pay for damage to its policyholder's car, regardless of blame, providing the policy covered damage to the policyholder's own car. Legal Expenses Insurance Often referred to as uninsured loss recovery services for car insurance. Covers the cost of legal proceedings in circumstances defined in the policy.
Person or institution facilitating a transaction between a buying and a selling party. In the insurance business independent intermediaries market insurance products to customers. In the banking business Fortis Bank acts as intermediary in its capacity of securities broker.
A mortgage broker or advisor who finds the most suitable mortgage for a borrower and arranges the mortgage on their behalf.
a person who arranges insurance on behalf of another.
Any person who, or organisation which, gives advice by way of directly offering, advertising or on a person-to-person basis in respect of an insurance product and includes the promotion of such a product or the facilitation of an agreement or contract between an insurer and a customer. Intermediaries are generally divided into separate classes. The most common types are 'independent intermediaries' who represent the buyer in dealings with the insurer (also known as independent brokers) and 'agents' (which generally include multiple agents and sub-agents) who represent the insurer.
A person who acts on behalf of another person in connection with futures trading, such as a Futures Commission Merchant, Introducing Broker, Commodity Pool Operator, Commodity Trading Advisor, or Associated Person.
1) The agent/broker negotiating insurance or re insurance contracts for another. 2) Any party representing another party, in negotiation with a third party.
An intermediary is a third party that offers intermediation services between two trading parties. The intermediary acts as a conduit for goods or services offered by a supplier to a consumer. Typically the intermediary offer some added value to the transaction that may not be possible by direct trading.