Examlex
Simplify the complex fraction.
Financial Intermediary
An institution that acts as a middleman between savers and borrowers, including banks, investment companies, and insurance companies.
Borrowing Funds
The act of obtaining resources, typically money, from another party with the agreement to return the principal amount along with interest or other charges.
Lending Funds
The act of providing financial resources to individuals, businesses, or other entities with the expectation of future repayment with interest.
Double Coincidence of Wants
A situation in barter economies where two parties each hold an item the other wants, allowing for a direct exchange.
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