Meaning: The trait of behaving in an obscene manner. Classified under: Nouns denoting attributes of people and objects. Synonyms: bawdiness; lewdness; obscenity; salaciousness; salacity. Hypernyms (lewdness is a kind of...): indecency (the quality of being indecent) Hyponyms (each of the following is a kind of lewdness):
What is a 'Financial Intermediary'. A financial intermediary is an entity that acts as the middleman between two parties in a financial transaction, such as a commercial bank, investment banks, mutual funds and pension funds.
By definition, a Qualified Intermediary, also known as a QI, is an independent party who facilitates tax-deferred exchanges pursuant to Section 1031 of the Internal Revenue Code. The Qualified Intermediary cannot be the taxpayer or a disqualified person.he Qualified Intermediary (also known as an Accommodator) should be a corporation that is in the full-time business of facilitating 1031 exchanges.