It ain't over till it's over. (English proverb) The more you strike the steel, the more beautiful it becomes. (Albanian proverb) With carefulness you realize your opportunity. (Arabic proverb) The doctor comes to the house where the sun can't reach.. (Corsican proverb)
Definition of financial intermediaries. A financial intermediary is a financial institution such as bank, building society, insurance company, investment bank or pension fund.A financial intermediary offers a service to help an individual/ firm to save or borrow money.A financial intermediary helps to facilitate the different needs of lenders and borrowers.For example, if you need to borrow Â£1,000 â you could try to find an individual who wants to lend Â£1,000. financial intermediary offers a service to help an individual/ firm to save or borrow money. A financial intermediary helps to facilitate the different needs of lenders and borrowers. For example, if you need to borrow Â£1,000 â you could try to find an individual who wants to lend Â£1,000.
An intermediary organization such as the government that facilitates transactions between the savers and borrowers. Time deposits are however not accepted. These intermediaries source their lending activities through the sale of securities and insurance policies to the general population.