Define intermediationthe financial system makes it probable, Ask an Expert

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Define intermediation

The financial system makes it probable for surplus and deficit economic units to come together, exchanging funds for securities, to their mutual advantage. While funds flow from surplus economic units to a financial institution to a deficit economic unit, the procedure is termed as intermediation. The financial institution works as an intermediary among the two economic units.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M9543747

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