financial intermediary


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Financial Intermediary

A financial institution that 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 homebuyer. In some non-traditional transactions, a bank may buy a product, such as corn, and immediately re-sell it for a profit to a third party. Most transactions requiring a loan to one of the parties include financial intermediaries. See also: Murabaha.

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.

financial intermediary

an organization that operates in financial markets linking LENDERS and BORROWERS or SAVERS and INVESTORS. See FINANCIAL SYSTEM, COMMERCIAL BANK, SAVINGS BANK, BUILDING SOCIETY, PENSION FUND, INSURANCE COMPANY, UNIT TRUST, INVESTMENT TRUST COMPANY, INTERMEDIATION.

financial intermediary

an organization that operates in financial markets, linking LENDERS and BORROWERS or SAVERS and INVESTORS. See FINANCIAL SYSTEM, COMMERCIAL BANK, SAVINGS BANK, BUILDING SOCIETY, PENSION FUND, INSURANCE COMPANY, UNIT TRUST, INVESTMENT TRUST COMPANY, INTERMEDIATION.
References in periodicals archive ?
Lenders lend to borrowers through a financial intermediary in order to economize on monitoring costs.
Sun Life has earned DALBAR's 2007 Financial Intermediary Post Sale Service award by demonstrating an unwavering service commitment to financial intermediaries over the past year," says Csilla von Csiky, Managing Director at DALBAR.
If an investment scheme is subject to an EIA, the financial intermediary will be required to obtain the non-technical summary, and, where relevant, written confirmation from the competent authority that the investment will not have any significant negative impact on sites of nature conservation.
The selection of winners for this award is based on findings from the Financial Intermediary Service Quality Evaluations: Post-Sale Program.
The contract is for the provision by the financial intermediary under the contract supplementing the Part III of the basic contract ref.
Through the joint offering, approximately 600 financial intermediary customers with assets of over $100 billion, currently using STN, will have access to an enhanced set of services accessible through a single connection, helping them to more effectively process their clients' wealth management and retirement plan needs.
He founded GrooveCar in 2000 to serve as a financial intermediary between auto and motorcycle dealerships and a growing credit union audience.
Description : Loan to the financial intermediary UNICAJA BANCO SAU under the EU Programme Loan for SMEs and Mid-Caps.
MicroFinancial Incorporated (AMEX:MFI) a financial intermediary specializing in vendor based leasing and finance programs for transactions in the $500 to $15,000 range, today announced the signing of an agreement with Kropschot Financial Services (KFS), a leading lease advisory firm founded in 1986 by Mr.
Promoter Financial Intermediary : Selected financial intermediaries based in Southern Africa countries and defined as participating intermediary microfinance institutions (MFIs), or banks engaging in financing MFIs, or banks engaged in financing micro and small enterprises.
Environmental aspects : The financial intermediary will ensure that the final beneficiaries undertake to implement and operate the relevant investments in conformity with national environment law and the applicable principles of EU law.
com, was rated one of the top 10 Financial Intermediary Web sites by kasina, LLC, a leading management-consulting firm to the financial services industry.

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