disintermediation

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English[edit]

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Wikipedia

Etymology[edit]

dis- +‎ intermediation

Noun[edit]

disintermediation (uncountable)

  1. (banking, finance, economics) The removal of funds from a financial institution such as a bank for direct purchase of financial instruments.
  2. (business) The removal of an intermediary from a commercial transaction.
    The news industry is undergoing a massive disintermediation due to the ubiquitous low-cost communication made possible by the internet.

Related terms[edit]