disintermediation
[ dis-in-ter-mee-dee-ey-shuhn ]
/ ˌdɪs ɪn tərˌmi diˈeɪ ʃən /
noun
the act of removing funds from savings banks and placing them into short-term investments on which the interest-rate yields are higher.
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Origin of disintermediation
First recorded in 1965–70; dis-1 + intermediation
Words nearby disintermediation
disintegration, disintegration constant, disinter, disinterest, disinterested, disintermediation, disintoxication, disinvent, disinvest, disinvestment, disinvite
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020
British Dictionary definitions for disintermediation
disintermediation
/ (dɪsˌɪntəˌmiːdɪˈeɪʃən) /
noun
finance the elimination of such financial intermediaries as banks and brokers in transactions between principals, often as a result of deregulation and the use of computers
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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