intermediation

/'intə,mi:di'eiʃn/

Học thuật

Thân thiện

A mediator provides intermediation between two business partners.

Definition

Noun:
- The act of intervening for the purpose of bringing about a settlement: The process of acting as an intermediary or mediator between two or more parties to help them reach an agreement, resolve a dispute, or facilitate a transaction.

Usage

Intermediation is used to describe the formal or professional role of a neutral third party who assists in negotiations or communications.
It is commonly used in contexts such as business, finance, diplomacy, and conflict resolution.
It is an uncountable noun.

Examples

The successful intermediation by the United Nations led to a ceasefire between the warring nations.
In banking, financial intermediation involves institutions like banks channeling funds from savers to borrowers.
The labor dispute was resolved through the intermediation of a federal arbitrator.

Advanced Usage

Disintermediation: The removal of intermediaries in a supply chain or transaction process, often due to new technology (e.g., consumers buying directly from manufacturers online).
Reintermediation: The reintroduction of an intermediary into a process or model, often in a new or revised role.

Variants and Related Words

Intermediary (n): A person or organization that acts as a link between people or groups to try to bring about an agreement.
Intermediate (adj): Coming between two things in time, place, order, or character.
Mediation (n): Intervention in a dispute to resolve it; often used synonymously with , though can imply a more specific, structured process.

Synonyms

Mediation: Intervention to reconcile differences.
Arbitration: The use of an arbitrator to settle a dispute.
Brokerage: The business of acting as a broker (an agent who buys or sells for clients).

Related Phrases

To act as an intermediary: To serve as a go-between.
To provide intermediation services: To offer professional mediation or brokerage services.

Idioms

To be the middleman: To act as an intermediary, often in a business transaction. (Note: This is a related concept but not a direct idiom using the word "intermediation").

A mediator provides intermediation between two business partners.

Noun

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