intermediation definition

intermediation

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.

intermediation is in the Banking, Commerce & Finance subject.

intermediation appears in the definition of the following term: intermediary

intermediation appears in the other terms: maturity intermediation, rate intermediation

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