INTERMEDIATION COST Definition

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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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CONGLOMERATE is a group of diverse companies under common ownership and run as a single organization.

CURRENT COST ACCOUNTING is a system of accounting which adjusts for changing pricing.

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