Question

what do you ment by intermediate markets? ​

Answer 1

Answer:

A situation in which one or more financial institutions stand between contour parties in a in a transaction. For example, in the sale of a house, a bank usually intermediates the market by providing a mortgage to the homebuyer .

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Answer 2

Answer:

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A situation in which one or more financial institutions stand between counterparties in a transaction. For example, in the sale of a house, a bank usually intermediates the market by providing a mortgage to the homebuyer.

Explanation:

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