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intermediary

Defined in 2 dictionaries — U.S. Code, Black's (1910)

United States Code

7 U.S.C. § 2008J — in this section

The term “intermediary” means a financial institution receiving Center funds for establishing a revolving fund and relending to an eligible entity.

15 U.S.C. § 636 — for purposes of this chapter (14 versions over time)

the term “intermediary” means—

(i) a private, nonprofit entity;

(ii) a private, nonprofit community development corporation;

(iii) a consortium of private, nonprofit organizations or nonprofit community development corporations;

(iv) a quasi-governmental economic development entity (such as a planning and development district), other than a State, county, municipal government, or any agency thereof, if—

(I) no application is received from an eligible nonprofit organization; or

(II) the Administration determines that the needs of a region or geographic area are not adequately served by an existing, eligible nonprofit organization that has submitted an application; or

(v) an agency of or nonprofit entity established by a Native American Tribal Government,

15 U.S.C. § 6901 — for purposes of this chapter (2 versions over time)

The term “intermediary” means a private, nonprofit entity that seeks to serve microenterprise development organizations and programs as authorized under section 6904 of this title.

Show all 3 definitions and how they changed over time

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

In modern civil law. A broker; one who ls employed to negotiate a matter between two parties, and who for that reason is considered as the mandatary (agent) of both. Civ. Code La. 1900, art. 3016.