Intermediary
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An intermediary, also known as a middleman or go-between, is defined differently by context. In law or diplomacy, an intermediary is a
, and various other services.Diplomacy
In diplomacy and international relations, an intermediary may convey messages between principals in a dispute, allowing the avoidance of direct principal-to-principal contact.[1] Where the two parties are geographically distant, the process may be termed shuttle diplomacy. Where parties do not want formal diplomatic relations, an intermediary state may serve as a protecting power facilitating diplomacy without diplomatic recognition.[citation needed]
Law
In law, the job of an intermediary involves conveying messages between principals in a dispute, preventing direct contact and potential escalation of the issue. In law, intermediaries can facilitate communication between a vulnerable witness, defendant and court personnel to acquire valuable evidence. Intermediaries can facilitate communication between a vulnerable witness or defendant and court personnel to acquire valuable evidence and to ensure all parties have a fair trial.[citation needed]
Trade and barter
In trade, an intermediary middleman acts as a conduit for goods or services offered by a supplier to a consumer. Typically the intermediary offers some
Common usage includes the
In
Trading intermediaries can be classified as merchant intermediaries or as accountant intermediaries. Bailey and Bakos (1997) analyzed a number of case studies and identified four roles of electronic intermediaries including information aggregating, providing trust, facilitating and matching.[4][5]
See also
- Disintermediation
- Innovation intermediary
- Internet intermediary
- Non-Registered Intermediary
- Registered Intermediary
- Retail
References
- ^ "Intermediary" defined at the Cambridge Business English Dictionary.
- , published May 2015, accessed 25 January 2021
- ^ "The Best Online Sites for Bartering". HowStuffWorks. 2011-12-06. Retrieved 2020-01-21.
- ^ Bailey, J. P., & Bakos, J. Y. (1997). An Exploratory Study of the Emerging Role of Electronic Intermediariations and Policy, International Journal of Electronic Commerce, 1(3), pp.7-20.
- ^ [dead link]BaileyBakos99.pdf Archived 2015-09-24 at the Wayback Machine (Spring 2000) from University of California, Berkeley.