Middleman
Definition of 'Middleman'A slang term for an intermediary in a transaction or process chain. A middleman will facilitate interaction between parties, typically for a commission or fee. Some critics say that businesses and customers should try to "cut out the middleman" by dealing directly with each other, avoiding any increased costs or commissions. |
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Investopedia explains 'Middleman'In the supply chain, a middleman may represent a distributor who purchases goods from the manufacturer and sells them to a retailer, often at an increased price. Sales people are often considered middlemen, such as real estate agents who match homebuyers with sellers. |
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