单词 | financial intermediary |
释义 | financial intermediary A firm whose main function is to borrow money from one set of people and lend it to another. Financial intermediaries are able to operate profitably because of the economies of scale in collecting savings from many sources and making them available for large loans, and in handling information about large numbers of small debtors or the risks of lending to single large ones. Firms wishing to borrow large amounts do not want the trouble of negotiating with numerous small lenders, and lenders can use financial intermediaries to get a spread of risks in their lending without the high transactions costs of making numerous single small loans to the ultimate users of their money. The use of financial intermediaries reduces risk and transactions costs for both lenders and borrowers. |
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英汉经管词典收录了3426条经济管理类英汉双解词条,基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法,是学习及工作的有利工具。