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An intermediary, also known as a middleman or go-between, is defined differently by context. In law or diplomacy , an intermediary is a third party who offers intermediation services between two parties.
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In linguistics, converses or relational antonyms are pairs of words that refer to a relationship from opposite points of view, such as parent/child or borrow/lend. [ 1 ] [ 2 ] The relationship between such words is called a converse relation . [ 2 ]
An antonym is one of a pair of words with opposite meanings. Each word in the pair is the antithesis of the other. A word may have more than one antonym. There are three categories of antonyms identified by the nature of the relationship between the opposed meanings.
The disintermediation process Intermediary B may be bypassed by A to connect with C directly. Although Webvan failed in its goal of disintermediating the North American supermarket industry, several supermarket chains (like Safeway Inc.) have launched their own delivery services to target the niche market to which Webvan catered.
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Informal intermediation ranges from casual intermediaries at the good or benign end of the spectrum to 'loan sharks' at the professional and sometimes criminal end of the spectrum. [ 2 ] Disintermediation occurs when potential lenders and borrowers interact more directly in the capital markets , avoiding the intermediation of banks.
A financial intermediary is an institution or individual that serves as a "middleman" among diverse parties in order to facilitate financial transactions. Common types include commercial banks , investment banks , stockbrokers , insurance and pension funds, pooled investment funds, leasing companies, and stock exchanges.