Financial intermediaries are:
A) institutions that channel funds from people who have them to people who want them.
B) government officials who bring together buyers and sellers in a market.
C) those who negotiate terms of settlement between borrower and lender when one is in default.
D) those who negotiate terms of settlement between buyer and seller when one is in default.

Question

Quizplus · Accepted Answer

Financial intermediaries are institutions that act as middlemen, channeling funds from savers to borrowers or from people who have excess funds to people who need funds. Some examples of financial intermediaries include banks, insurance companies, mutual funds, and pension funds.

Financial Intermediaries Are