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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

/ ɪˌɪԳəˌːɪˈɪʃə /

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
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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yvlog History and Origins

Origin of disintermediation1

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

Examples have not been reviewed.

“Our analysis suggests the impacts on bank disintermediation and lending could be manageable for the banking sector,” they said, with any impact likely limited in “plausible” levels of adoption.

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CBDC, she said, would need to be designed with "safeguards" in place to prevent the disintermediation of banks.

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A major characteristic of the Internet goes by the fancy term "disintermediation."

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A major characteristic of the internet goes by the fancy term “disintermediation”.

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“He had this very strong conviction, this belief, that the internet was all about disintermediation,” said Filippo Pittarello, a former employee of Casaleggio who now works in Five Star’s Brussels office.

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