INTERMEDIARY Definition

Bookmark and Share

INTERMEDIARY is the person or institution empowered to be the intermediary in making investment decisions for others. Examples: banks, savings and loan institutions, insurance companies, brokerage firms, mutual funds, and credit unions.

Learn new Accounting Terms

MERCHANDISE is commodities offered for sale or to engage in the trade of commodities that are for sale.

PRO RATA is the basis for allocating an amount proportionally to the items involved. An amount may be proportionally distributed to assets, expenses, funds, etc.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.