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12 July, 04:55

A financial intermediary

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  1. 12 July, 05:09
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    A financial intermediary is an entity that acts as the middleman between two parties involved in a financial transaction.

    Examples of financial intermediaries are:

    1) Bank

    2) Insurance Companies

    3) Broker - Dealers.

    These intermediaries work between their depositors or investors and the Companies that offer investments.
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