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.
Copernicus died the same year his book was published. After 1,400 years, Copernicus was the first to propose a theory which differed from Ptolemy's geocentric system, according to which the earth is at rest in the center with the rest of the planets revolving around it. he word helios in Greek means sun.. Heliocentric means that the sun is at the center. A heliocentric system is one in which the planets revolve around a fixed sun. Thus Mercury, Venus, the Earth, Mars, Jupiter and Saturn all revolve around the sun.