AskDefine | Define intermediary

Dictionary Definition

intermediary n : a negotiator who acts as a link between parties [syn: mediator, go-between, intermediator, intercessor]

User Contributed Dictionary

English

Noun

intermediary (plural intermediaries)
  1. an agent acting as a mediator between sides that may disagree
  2. one or several stages of an event which occurs after the start and before the end.

Translations

an agent acting as a mediator between sides that may disagree
one or several stages of an event which occurs after the start and before the end.

Extensive Definition

For a publishing house, associated with the name of Leo Tolstoy see Intermediary (publisher)
An intermediary 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 offer some added value to the transaction that may not be possible by direct trading.
Common usage includes the financial services industry where financial advisers offer intermediation services in the supply of financial products such as mortgage, 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.
intermediary in German: Intermediär (Wirtschaft)
intermediary in Russian: Посредничество

Synonyms, Antonyms and Related Words

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