Financial Intermediary/Definition: Difference between revisions

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A go-between organisation that obtains finance from investors  (or savers)  and lends it to corporations (or other  borrowers). Financial intermediaries include  banks, building societies (or savings and loans associations) , life insurance companies and credit unions.
A go-between organisation that obtains finance from investors  (or savers)  and lends it to corporations (or other  borrowers). Financial intermediaries include  banks, building societies (or savings and loans associations) , life insurance companies and credit unions.

Latest revision as of 21:29, 22 May 2008

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Financial Intermediary [r]: A go-between organisation that obtains finance from investors (or savers) and lends it to corporations (or other borrowers). Financial intermediaries include banks, building societies (or savings and loans associations) , life insurance companies and credit unions.