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search For the religious term, see Intercession  Intermediation
involves the "matching" of lenders with savings to borrowers who
need money by an agent or third party, such as a bank.[1]  If
this matching is successful, the lender obtains a positive rate
of return, the borrower receives a return for risk taking and
entrepreneurship and the banker receives a return for making the
successful match.[1] If the borrower's speculative play with the
funds provided by the bank does not pay off, the bank can face
significant losses on its loan portfolio,[1] and if the bank
fails its depositors can lose some of their money if the
deposits are not insured by a third party.  The skill of
identifying potential successful new entrepreneurs who can take
market share off competitors or develop whole new markets is one
of the most vital (and intangible) skills any banking system can
possess.[1]  Disintermediation occurs when potential lenders and
borrowers interact mo