Meaning: The trait of behaving in an obscene manner. Classified under: Nouns denoting attributes of people and objects. Synonyms: bawdiness; lewdness; obscenity; salaciousness; salacity. Hypernyms (lewdness is a kind of...): indecency (the quality of being indecent) Hyponyms (each of the following is a kind of lewdness):
What is a 'Financial Intermediary'. A financial intermediary is an entity that acts as the middleman between two parties in a financial transaction, such as a commercial bank, investment banks, mutual funds and pension funds.
Financial intermediaries are firms that borrow from consumer/savers and lend to companies that need resources for investment. In contrast, in capital markets investors contract directly with firms, creating marketable securities. The prices of these securities are observable, while financial intermediaries are opaque.inancial intermediaries are firms that borrow from consumer/savers and lend to companies that need resources for investment. In contrast, in capital markets investors contract directly with firms, creating marketable securities. The prices of these securities are observable, while financial intermediaries are opaque.