Answer:
It comes from the Greek Spiros/Spyros/Speros (Greek: Σπύρος), with a nominative final "s" that is usually dropped when Anglicised. ... It is a shortened form of the archaic-sounding Spyridon (Σπυρίδων), which means in ancient Greek "basket used to carry seeds" (Σπυρί, grain, seed).
Explanation:
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<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.