Document Type
Article
Citation Information
Please cite to the original publication
Abstract
Financial intermediaries accumulate capital for reinvestment in debt
or equity claims against ultimate investors such as nonfinancial business
enterprises, governmental units, and purchasers of real property.
They are called intermediaries because they serve as middlemen between
suppliers of capital-more particularly savers, investors, depositors,
shareholders, policyholders, or beneficiaries-and investors in real
assets.
Date of Authorship for this Version
1975
Keywords
capital, tax treatment
COinS