Everything about Intermediary totally explained
» For a publishing house, associated with the name of Leo Tolstoy see Intermediary (publisher)An
intermediary is a third party that offers
intermediation services between two trading parties. The
intermediary acts as a conduit for goods or services offered by a supplier to a consumer. Typically the intermediary offer some added value to the transaction that may not be possible by direct trading.
Common usage includes the
financial services industry where
financial advisers offer intermediation services in the supply of financial products such as
mortgage,
insurance and
investment products.
In
barter, an
intermediary is a person or group who stores valuables in trade until they're needed, parties to the barter or others have space available to take delivery of them and store them, or until other conditions are met. In a larger sense, an intermediary can be a person or organization who or which facilitates a contract between two other parties.
The Internet is creating a transparent awareness on the threats and opportunities available to automate intermediaries in many industries - see
Disintermediation.
Further Information
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