In its broadest sense, the term "intermediary" includes any person who serves to bring other persons together. In the world of corporate finance, a financial intermediary is an institution that acts as a middleman between savers and borrowers. Specifically, these institutions accumulate money from investors and lend it to borrowers. A person with extra money could seek out borrowers alone and bypass intermediaries altogether (Schenk). By removing the middleman, the saver would most likely receive …
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showed last 75 words of 635 total
…lt;Tab/><Tab/><Tab/><Tab/><Tab/><Tab/><Tab/><Tab/> Retrieved from, http://ingrimayne.saintjoe.edu/econ/mainmenu.htm Retrieved February 20, 2006 from, http://www.bunnypeople.com, http://www.intel.com/business/bss/solutions/blueprints/pdf/elind_mrk0235.pdf <Tab/> www.amd.com