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.
In astronomy, the Geocentric model (also known as Geocentrism, or the Ptolemaic system) is a superseded description of the universe with the Earth at the center. Under the geocentric model, the Sun, Moon, stars, and planets all circled Earth. The geocentric model served as the predominant description of the cosmos in many ancient civilizations, such as those of Aristotle and Ptolemy. Two observations supported the idea that the Earth was the center of the Universe.