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financial intermediary

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Financial Intermediary
An institution that acts as the middleman between investors and firms raising funds. Often referred to as financial institutions.

Notes:
This can include chartered banks, insurance companies, investment dealers, mutual funds, and pension funds.


financial intermediary
A financial institution such as a commercial bank or thrift that facilitates the flow of funds from savers to borrowers. Financial intermediaries profit from the spread between the amount they pay for the funds and the rate they charge for the funds. Also called intermediary. See also intermediation.

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With the help of Murray & Company, a Toronto-based full service financial intermediary, Harbourside took advantage of the new "GE Quick Mortgage" product to close the deal 23 days after acceptance of the proposal, enabling the company to obtain the needed financing just a few days before the maturity of its previous conduit mortgage loan.
today announced the appointment of Concord Financial Intermediary GmbH to list its shares for trading on the Frankfurt Stock Exchange.
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