disintermediation
[ dis-in-ter-mee-dee-ey-shuh n ]
/ 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.
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
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