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English definition of “intermediary”

intermediary

noun [C]
 
 
/ˌɪntəˈmiːdiəri/ (plural intermediaries)
a person or organization that makes business or financial arrangements between companies or organizations that do not deal with each other directly: Global sourcing often creates additional intermediaries, such as foreign distributors, brokers, freight forwarders, and customs clearing agents.act/serve as an intermediary between sb/sth and sb/sth Insurance brokers act as intermediaries between companies that are seeking insurance and companies that provide such coverage.through/via an intermediary The bank has three million customers and provides loans via intermediaries such as high street stores. an insurance/market/mortgage intermediary intermediary markets/buyers
→ See also financial intermediary
(Definition of intermediary from the Cambridge Business English Dictionary © Cambridge University Press)
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