intermediation

Popular Terms
Brokerage function (see broker) which brings together seekers and providers of goods, information, money, etc. Need for intermediation occurs due to the imperfect nature of markets and everyday situations where the complete ('perfect') knowledge about providers and seekers (and about what they seek) is not available to everyone. See also intermediary and disintermediation.

Use 'intermediation' in a Sentence

You may need to bring in someone for intermediation when you are trying to get something done with a party you don't like.
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I thought there needed to be some intermediation in order to help the people that were involved in the conflict.
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Paul makes his living by providing intermediation between lenders and borrowers who wish to make major purchases such as vehicles or homes.
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