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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

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.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

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.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
The rules also require both the financial intermediary and the issuer to keep a record, furnish copies and make reports to the SEC as its rules and regulations may prescribe.
Another indicator of financial intermediary development is Bank Assets, which is equal to the ratio of commercial bank assets to the sum of commercial bank and central bank assets.
Lenders lend to borrowers through a financial intermediary in order to economize on monitoring costs.
* Whether the financial intermediary satisfies a treaty limitation-on-benefits provision.
In subsequent cases decided by the Court in division, the opposition placed more emphasis on the notion that a holding company is actually operating as a financial intermediary. As such, in some cases, the Court held that a holding company can actually be considered a nonbank financial intermediary (NBFI) and thereby subject to local business tax on its dividend and interest income.
To successfully navigate the highly structured landscape of the capital markets, the role of financial intermediary has drastically changed.
An escrow agent, or other participant (often the bank or financial institution with an existing relationship with the seller or buyer) acting as the disbursing agent, or "financial intermediary," is better-positioned to make these inquiries and to detect and prevent money laundering.
Before beginning conversations with your lender or financial intermediary, understand the type of loan you seek: construction, permanent, or rehab/expansion.
While we like to think of the lawyers as the ringmasters, it is somewhat easier today to enlist a lawyer's services than to persuade a broker-dealer or other financial intermediary to support the project.

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