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.
A financial intermediary is typically an institution that facilitates the channeling of funds between lenders and borrowers indirectly.That is, savers (lenders) give funds to an intermediary institution (such as a bank), and that institution gives those funds to spenders (borrowers).unctions performed by financial intermediaries [edit]. The hypothesis of financial intermediaries adopted by mainstream economics offers the following three major functions they are meant to perform: