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Furkat [3]
3 years ago
12

Help A financial intermediary______

History
1 answer:
natali 33 [55]3 years ago
7 0

<u>Answer:</u>

A financial intermediary is an 'entity' that acts as a middleman which facilitates the transaction between two parties.

<u>Explanation:</u>

  • Financial Intermediaries are a type of financial entity that acts as a middleman in a transaction between two parties.
  • A financial intermediary is also responsible for facilitating the transaction between the two identities.
  • In simple words, it is the financial intermediaries are the intermediate who helps in bringing the two parties closer for a transaction.
  • Some examples are commercial banks, investment banks, mutual funds, etc. They also provide benefits such as security and liquidity in exchange for facilitating the transaction between the two parties.
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