lewdness definition: The definition of lewdness is the quality of being very sexual or lustful in an offensive way. (noun) An example of lewdness is asking people for sexual favors on the streets....
A financial intermediary is typically an institution that facilitates the channeling of funds between lenders and borrowers indirectly.That is, savers (lenders) give funds to an intermediary institution (such as a bank), and that institution gives those funds to spenders (borrowers).This may be in the form of loans or mortgages. Alternatively, they may lend the money directly via the financial markets, which is known as financial disintermediation.unctions performed by financial intermediaries [edit]. The hypothesis of financial intermediaries adopted by mainstream economics offers the following three major functions they are meant to perform:
MPF Intermediaries and Regulated Activities. MPF Intermediaries. (i) an authorized financial institution registered under the Securities and Futures Ordinance (SFO) (Chapter 571, Laws of Hong Kong) for Type 1 or Type 4 regulated activity, or both; (ii) a corporation licensed under the SFO to carry on Type 1 or Type 4 regulated activity, or both; (iii) an insurer authorized under the Insurance Companies Ordinance (ICO) (Chapter 41, Laws of Hong Kong) to carry on long term insurance business; and.