What is intermediate exchange?
Intermediate exchange in economics is the transfer of ownership of the object of exchange between two parties only for a certain time. It is used when buying/selling, collateral. Intermediate ownership for a product gives its owner the opportunity to exploit his products, keep some of them in stock, or exchange them for desired products as needed. In most cases, ownership remains with the seller. The item will become the property of the buyer only after the transaction has been completed or after full payment of the entire amount to the seller. This type of transaction is used in both the primary and secondary sales markets. Here are examples of intermediate exchanges: * the sale of an apartment is carried out first with a deposit for cash with the right to repurchase, and only then a full-fledged purchase and sale agreement is concluded. That is, legal registration of the transfer of ownership is carried out only after payment of the entire required amount; * when buying a car, the buyer does not become its owner until the car is transferred to him, all documents are drawn up in the name of the seller; * when premises and land are rented, people usually enter into short-term lease agreements, that is, after moving in, they do not lose the right to use the property for a certain period of time. The same thing happens in the case of buying furniture and transport. The most popular example is cars. The car is in the owner’s use only until the purchase and sale transaction is concluded, which makes the conditions for both parties the most profitable and convenient. For the seller, this method of concluding contracts allows him to control