disintermediation

[ dis-in-ter-mee-dee-ey-shuhn ]

noun

1. the act of removing funds from savings banks and placing them into short-term investments on which the interest-rate yields are higher.

disintermediation

/ dɪsˌɪntəˌmiːdɪˈeɪʃən /

noun

1. 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

Word History and Origins

Origin of disintermediation¹

First recorded in 1965–70; dis- ¹ + intermediation

Example Sentences

So, experience and value exchange at the top, data architecture and technology environments is second, and then leaning in for disintermediation and next best action environments would be a third.

From MIT Technology Review

Disintermediation of our own business is actually just providing consumers and businesses with choice.

From Fortune

The effect of these changes is a massive disintermediation of the $70 billion-plus mobile advertising market.

From Digiday