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Disintermediation - What does it mean?

disintermediation | |

disintermediation

English

(wikipedia disintermediation)

Noun

(-)
  • (banking, finance, economics) The removal of funds from a financial institution such as a bank for direct purchase of financial instruments.
  • (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

    *disintermediate

    Not English

    has no English definition. It may be misspelled.