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a financial intermediary
a financial intermediary
Answer
A financial intermediary is an entity that acts as the middleman between two parties involved in a financial transaction.
Examples of financial intermediaries
1) Bank
2) Insurance Companies
3) Broker - Dealers.
These intermediaries work between their depositors or investors and the Companies that offer investments.
Virtual Teaching Assistant: Colleen R.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017
This 6 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 101 views.