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.
Ancient Roman and medieval philosophers usually combined the geocentric model with a spherical Earth. It is not the same as the older flat Earth model implied in some mythology, as was the case with the biblical and postbiblical Latin cosmology.