Intermediary


Intermediary
For a publishing house, associated with the name of Leo Tolstoy see Intermediary (publisher)

An intermediary (or go-between) is a third party that offers intermediation services between two trading parties. The intermediary acts as a conduit for goods or services offered by a supplier to a consumer. Typically the intermediary offers some added value to the transaction that may not be possible by direct trading.

Common usage includes the insurance and financial services industry where mortgage brokers, insurance broker, and financial advisers offer intermediation services in the supply of financial products such as mortgage loans, insurance, and investment products.

In barter, an intermediary is a person or group who stores valuables in trade until they are needed, parties to the barter or others have space available to take delivery of them and store them, or until other conditions are met. In a larger sense, an intermediary can be a person or organization who or which facilitates a contract between two other parties.

The Internet is creating a transparent awareness on the threats and opportunities available to automate intermediaries in many industries - see Disintermediation.

Types of Intermediaries

Intermediaries can be classified as merchant intermediaries or as accountant intermediaries.

In innovation, Innovation Intermediaries facilitate and broker the interactions of producers, users necessary to build markets and turn inventions into successful innovation. This is intermediary role can played by government agencies, consultants, etc.


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  • intermediary — in·ter·me·di·ary /ˌin tər mē dē ˌer ē/ n pl ar·ies: one that acts as a means or go between in a matter involving other parties a reinsurance intermediary see also learned intermediary intermediary adj Merriam Webster’s Dictionary of Law …   Law dictionary

  • Intermediary — In ter*me di*a*ry, a. [Cf. F. interm[ e]diaire.] Lying, coming, or done, between; intermediate; as, an intermediary project. [1913 Webster] {Intermediary amputation} (Surg.), an amputation for injury, performed after inflammation has set in.… …   The Collaborative International Dictionary of English

  • Intermediary — In ter*me di*a*ry, n.; pl. {Intermediaries}. One who, or that which, is intermediate; an interagent; a go between; a mediator. [1913 Webster] …   The Collaborative International Dictionary of English

  • intermediary — 1788 (adj.); 1791 (n.), from Fr. intermédiaire (17c.), from M.L. intermedium, from L. intermedius (see INTERMEDIATE (Cf. intermediate)) …   Etymology dictionary

  • intermediary — [n] person who negotiates agent, broker, channel, connection, cutout, delegate, emissary, entrepreneur, fixer, go between*, influence, instrument, interagent, interceder, intercessor, intermediate, mediator, medium, middle person, negotiator,… …   New thesaurus

  • intermediary — ► NOUN (pl. intermediaries) ▪ a mediator. ► ADJECTIVE ▪ intermediate …   English terms dictionary

  • intermediary — [in΄tər mē′dē er΄ē, in΄tər mē′dē ər ē] adj. [Fr intermédiaire < L intermedius: see INTERMEDIATE + ARY] 1. acting between two persons; acting as mediator 2. being or happening between; intermediate n. pl. intermediaries 1. a go between; mediat …   English World dictionary

  • intermediary — See: financial intermediary An institution acting between 2 or more other entities by assuming certain rights and obligations. Exchange Handbook Glossary * * * intermediary in‧ter‧me‧di‧a‧ry [ˌɪntəˈmiːdiəri ǁ ˌɪntərˈmiːdieri] noun intermediaries… …   Financial and business terms

  • intermediary — noun ADJECTIVE ▪ financial VERB + INTERMEDIARY ▪ act as PREPOSITION ▪ through an intermediary, via an  …   Collocations dictionary

  • intermediary — n. an intermediary between (an intermediary between the warring groups) * * * [ˌɪntə miːdɪərɪ] an intermediary between (an intermediary between the warring groups) …   Combinatory dictionary


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