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French
Equivalent: Intermédiation financière |
Definition: |
Financial intermediation is a productive activity in which an institutional unit incurs liabilities on its own account for the purpose of acquiring financial assets by engaging in financial transactions on the market; the role of financial intermediaries is to channel funds from lenders to borrowers by intermediating between them.
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Source
Publication: |
SNA 4.78.
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Statistical
Theme: National accounts |
Created
on Tuesday, September 25, 2001 |
Last
updated on Wednesday, March 5, 2003 |
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