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Home > QFINANCE Dictionary > Definition of aggregator

Definition of

aggregator

  • 1. Finance

    firm selling product packages a company that combines similar products or services into larger packages, making a profit by cost savings, by reaching a larger market, or by charging more for the combined package. In the secondary mortgage market, aggregators buy individual mortgages from financial institutions and turn them into mortgage-backed securities, pooling them and selling them on at a higher price.

  • 2. E-Commerce

    middleman between producers and online customers an organization that acts as an intermediary between producers and customers in an Internet business web. The aggregator selects products, sets prices, and ensures fulfillment of orders.

Definitions of ’aggregator’ and meaning of ’aggregator’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’aggregator’ and other financial terms with our online QFINANCE Financial Dictionary.

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