What is an Intermediary?
- An intermediary is a third party who acts as a link between two others who wish to transact business.
How Do I Remember It?
- Think of an intermediary as a “middleman” in a transaction. It’s like having someone who helps you connect with someone else to complete a deal or exchange.
Real World Example
- An example of an intermediary is a real estate agent who helps connect home buyers with sellers. The agent acts as a middleman, facilitating the transaction by finding potential buyers, showing properties, and negotiating terms on behalf of both parties.
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By: Ryan Aquino