Question

What is an institution that helps channel funds from savers to borrowers called?

a. a financial intermediary
b. a portfolio
c.a prospectus
d.a mutual fund

Answer 1

A. a financial intermediary ------ gradpoint answer

Answer 2

The institution known as a "middleman" that aids channel funds from savers to borrowers is known as a FINANCIAL INTERMEDIARY. The financial intermediary serves as the bridge between two parties. The transaction between them involves financial transactions, specifically related to investments, funds, and banks. The answer for this is option A.