financial intermediary


A bank or other financial institution that serves as a facilitator between two parties to a financial arrangement. Execution of loans, property sales, business contracts, or other agreements often require a financial intermediary to guarantee payment to one party, or to provide access to funding for completion of the agreement.

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The financial intermediary was essential to completing the transaction as they were a neutral party that could be trusted to escrow.

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The other company would act as the financial intermediary for us and would moderate what happened between the both of us and what the outcome would be.

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National Bank chose to be the financial intermediary by serving as the mediator for the buyer and the seller of the massive property needed for the company start up.

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