A financial intermediary is an institution or individual that acts as a middleman between borrowers and lenders, facilitating the flow of funds in the economy by accepting deposits from savers/investors and making loans or investments with those funds to borrowers.
Related terms
Investment banker: A financial professional who helps corporations raise capital by underwriting securities like stocks or bonds.
Mutual fund: An investment vehicle that pools money from multiple investors to invest in diversified portfolios of stocks, bonds, or other assets.
Insurance company: An entity that provides insurance policies to individuals or businesses in exchange for premium payments, thereby managing and transferring risks.