disintermediation

noun

dis·in·ter·me·di·a·tion | \ ˌdis-ˌin-tər-ˌmē-dē-ˈā-shən

Definition of disintermediation

1 : the diversion of savings from accounts with low fixed interest rates to direct investment in high-yielding instruments

2 : the elimination of an intermediary in a transaction between two parties

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Recent Examples on the Web

The world is now shifting where there’s some sort of digital disintermediation of the customer. — Eric Johnson, Recode, "Why Sweetgreen thinks like a tech company," 17 Dec. 2018 In the longer term insurers face a more fundamental challenge: disintermediation. — The Economist, "Insurance and the gig economy," 5 Apr. 2018

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More Definitions for disintermediation

disintermediation

noun

dis·in·ter·me·di·a·tion | \ dis-ˌin-tər-ˌmē-dē-ˈā-shən

: the diversion of savings from accounts with low fixed interest rates to direct investment in high-yielding instruments