intermediate

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Related to intermediators: ingeniously, inconveniently, surpassingly, repaired

intermediate

adjective average, between, central, compromising, equidistant, halfway, inserted, instrumental, intercurrent, interjacent, intermediary, interposed, intervening, mean, medial, median, mediatorial, medium, medius, mesial, mesne, mid, middle, midmost, moderate, neutral, transitional
Associated concepts: interlocutory order, intermediate appellate court, intermediate order
Foreign phrases: Extremis probatis, praesumuntur media.When the extremes have been proved, those things which are between them are presumed.
See also: adjuster, advocate, agent, arbiter, arbitrator, average, counselor, go-between, instrumentality, interagent, intercede, interim, interpose, medium, mesne, ministerial, negotiate, procurator, referee
References in periodicals archive ?
An economist might ask at this point why the intermediator needs to collect information for himself.
If the buyers understate their valuations and the sellers overstate theirs then it may appear that no margin can be earned, whereas if the intermediator checked out the situation for himself it would become apparent that it could.
The more homogeneous the buyers and sellers, therefore, the greater is the incentive for the intermediator to investigate circumstances for himself.
Each intermediator also benefits from refusing to negotiate on the quoted price.
These firms are simply an unusually pure form of the market-making intermediator.
The intermediator does not intervene in an already existing market so much as set up the market from scratch himself.
Most importantly, the process of negotiation can be accelerated by having an intermediator intervene.
The intermediator exploits his own knowledge in the same way that the buyer and seller do - through negotiations.
A reputable intermediator can also eliminate default by creating a chain of trust in cases where the direct link between buyer and seller is very weak.
Unlike the producer described in the previous section, the intermediator buys resources for resale rather than for use.