Middleware Translates Information Between Disparate Systems

question 240

True/False

Middleware translates information between disparate systems.

---

Definitions:

Financial Intermediaries

Institutions that facilitate the flow of funds between savers and borrowers, thereby making investment more accessible.

Stockbrokers

Licensed professionals who buy and sell securities on behalf of clients, typically charging commissions for their services.

Direct Transfers

The process of moving assets or capital directly between parties without the use of an intermediary.

Maturities

The dates on which the principal or face value of a debt instrument becomes due and is to be paid to investors.