中介关系 meaning in English

mediated relation

Traditional financial theories regarded financial markets and financial intermediaries as two competitive and alternative institutions , thus categorizing all financial activities as direct or indirect finance only from the perspective of financial intermediaries . this kind of understanding regarding the relationship between markets and intermediaries , and the dichotomy of direct / indirect finance couldn " t properly explain the reality of modern finance and resulted in cognitive confusions
传统的有关金融理论将金融市场与金融中介视为两种竞争性、替代性的金融制度，并因此而仅从金融中介的角度将金融活动区分为直接与间接金融两种模式。这种对市场与中介关系的认识及直接间接金融的简单两分法不能充分解释当代金融业的现实并由此产生了认识上的混乱。