Question

What do you mean by ""Financial Intermediation""?

Answer 1

Answer:

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Financial intermediation is a productive activity in which an institutional unit incurs liabilities on its own account for the purpose of acquiring financial assets by engaging in financial transactions on the market; the role of financial intermediaries is to channel funds from lenders to borrowers by intermediating.

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Answer 2

Answer:

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Explanation:

A financial intermediary is an institution or individual that serves as a middleman among diverse parties in order to facilitate financial transactions.