noun
- the act or process of intervening or acting as a mediator between two parties
- in finance, the activity of financial institutions in channeling funds from savers to borrowers
Usage: commonly used in business, finance, and diplomacy contexts
Usage: technical term used in banking and economics
Examples
- The lawyer's intermediation helped resolve the dispute between the two companies.
- Banks play a crucial role in financial intermediation by lending depositors' money to borrowers.
- International intermediation was necessary to bring the conflicting nations to the negotiating table.
- The real estate agent's intermediation made the property transaction smoother for both buyer and seller.
- Without intermediation, many small businesses would struggle to access credit from traditional lenders.
- The mediator's intermediation skills were essential in reaching a fair settlement.