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).This may be in the form of loans or mortgages. Alternatively, they may lend the money directly via the financial markets, which is known as financial disintermediation.ccording to some heterodox economists and others, financial intermediaries simply do not exist. Through the process of financial intermediation, certain assets or liabilities are transformed into different assets or liabilities.