financial intermediary
financial intermediary. A financial entity — usu. a commercial bank — that advances the transfer of funds between borrowers and lenders, buyers and sellers, and investors and savers.
financial intermediary Read More »
Search Results for: FINANCIAL INTERMEDIARY
intermediation
intermediation. 1. Any process involving an intermediary. 2. The placing of funds with a financial intermediary that reinvests the funds, such as a bank that lends the funds to others or a mutual fund that invests the funds in stocks, bonds, or other instruments.
finder
finder. 1. An intermediary who brings together parties for a business opportunity, such as two companies for a merger, a borrower and a financial institution, an issuer and an underwriter of securities, or a seller and a buyer of real estate. • A finder differs from a broker-dealer because the finder merely brings two parties
swap
swap, n. Commercial law. 1. An exchange of one security for another. 2. A financial transaction between two parties, usu. involving an intermediary or dealer, in which payments or rates are exchanged over a specified period and according to specified conditions. currency swap. An agreement to swap specified payment obligations denominated in one currency for