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

“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.

From Reuters

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

From Reuters

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

From Salon

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

From The Guardian

“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.

From The Guardian