DEFINITION of 'Financial Intermediary'. An entity that acts as the middleman between two parties in a financial transaction.While a commercial bank is a typical financial intermediary, this category also includes other financial institutions such as investment banks, insurance companies, broker-dealers, mutual funds and pension funds.hile a commercial bank is a typical financial intermediary, this category also includes other financial institutions such as investment banks, insurance companies, broker-dealers, mutual funds and pension funds.
â¢ In the geocentric model, the earth is considered as the center of the universe, and all celestial bodies move around the earth (planets, moon, sun and the stars). â¢ In the heliocentric model, the sun is considered as the center of the universe, and the celestial bodies move around the sun.
Learn More in these related articles: heliocentric system. a cosmological model in which the Sun is assumed to lie at or near a central point (e.g., of the solar system or of the universe) while the Earth and other bodies revolve around it. In the 5th century bc the Greek philosophers Philolaus and Hicetas speculated separately that the Earth was a sphere...