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Intermediation (See Chapter 15 of the Vernimmen)
Intermediation supposes the existence of financial institutions like banks, mutual funds, insurance companies, etc, that collect excess financial resources from various economic agents to invest them in the securities issued by the economic agents with the financing needs. See also financial system.
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Intermediation (See Chapter 15 of the Vernimmen)
Intermediation supposes the existence of financial institutions like banks, mutual funds, insurance companies, etc, that collect excess financial resources from various economic agents to invest them in the securities issued by the economic agents with the financing needs. See also financial system.
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