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Financial intermediary
Natural person or legal entity that accepts assets from other persons, keeps them in custody or helps to invest or assign them. A fiduciary is a financial intermediary, for instance, as are banks and brokers in the case of stock exchange transactions.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
- Product:
- Acronym-Abbreviation:
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