Glossary of the 1993 SNA - Definition of Term |
| Term | Financial intermediation | | 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. | | Paragraphs | 4.78. |
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