What is the Definition of Intermediation?

What is the Definition of Intermediation?

The process of bringing savers, investors and borrowers together so that savers and investors can obtain a return on their money and borrowers can use the money to finance their purchases or projects through loans.

Source: Insurance Handbook A guide to insurance: what it does and how it works | https://www.iii.org/

Label: Insurance
Theme: Dictionary of Insurance Terms

Other Questions: What is the definition of Annuity?

What is the Definition of Intermediation?

What is the Definition of Intermediation?

You can find random definition and meaning of insurance terms below:

Meaning of Flood Insurance in Insurance Terms

Coverage for flood damage is available from the federal government under the National Flood Insurance Program but is sold by licensed insurance agents. Flood coverage is excluded under homeowners policies and many commercial property policies. However, flood damage is covered under the comprehensive portion of an auto insurance policy. (See Adverse selection)

Meaning of Forced Place Insurance in Insurance Terms

Insurance purchased by a bank or creditor on an uninsured debtor’s behalf so if the property is damaged, funding is available to repair it.

Meaning of Foreign Insurance Company in Insurance Terms

Name given to an insurance company based in one state by the other states in which it does business.

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