ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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INTERMEDIATION COST Definition
INTERMEDIATION COST, in finance, is the cost involved in the placement of money with a financial intermediary. The person or institution empowered as the intermediary to make investment decisions for others. Examples: banks, savings and loan institutions, insurance companies, brokerage firms, mutual funds, and credit unions.
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FUND is a pool of money normally set apart for a purpose, for example, a pension fund to provide pensions.
GROSS REVENUE is income (at invoice values) received for goods and services over some given period of time. See also GROSS SALES.