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.
Quick Answer. Heliocentric theory is a model of the solar system that posits a central place for the Sun, with the planets orbiting it. It is most closely associated with the 16th-century work of Copernicus and the 17th-century work of Galileo, and the theory was widely adopted after Copernicus' death.