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A situation in which a financial institution stands between counterparties in a transaction. For example, in the sale of a house, a bank usually serves as a financial intermediary by providing a mortgage to the buyer to pay the seller. In some non-traditional transactions, a bank may buy a product (e.g. corn) and immediately re-sell it for a profit to a third party. Most transactions requiring a loan to one of the parties include intermediation. See also: Murabaha.


References in periodicals archive ?
This report provides you with valuable data for the travel and tourism industry covering travel intermediaries in the Philippines
Abbey for Intermediaries is also launching a market leading two-year fix through its key account partners tomorrow, offering a rate of 3.
The launch of our iPad app is an exciting achievement and we look forward to working with intermediaries to develop this innovative new approach.
The Indonesian travel intermediaries industry is expected to grow due to the growing number of tourism related activities in the country.
This is the only survey that analyzes how mortgage lenders and intermediaries use Internet technology to speed the lending process for intermediaries and their consumer clients.
New York escheated the undistributed funds from abandoned securities held by intermediaries doing business in New York.
This Report Provides an Analysis of the Travel Intermediaries Market in Indonesia:
Additional survey highlights include: - The most sophisticated Web sites provide secure, customised Web site access levels for supervisors, advisors and administrators; - Leading Web sites are an extension of the lender sales force and enable them to serve more intermediaries more efficiently; - UK platforms Mortgage Brain and Trigold and US platform Ellie Mae will complement, but not replace, lenders' intermediary Web sites; and - The US will adopt customised Web site access levels seen in the UK, and the UK will move gradually from online AIPs toward the online mortgage offers that are typical in the US.
10) In fact, the favorable treatment accorded to qualified intermediaries in the regulations is probably the result of these cases.
Take strategic business decisions using top-level historic and forecast market data related to the Turkish travel intermediaries industry and each sector within it