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disintermediation

One entry found for disintermediation.
Main Entry: dis·in·ter·me·di·a·tion
Pronunciation: "dis-"in-t&r-"mE-dE-'A-sh&n
Function: noun
1 : the diversion of savings from accounts with low fixed interest rates to direct investment in high-yielding instruments
2 : the elimination of an intermediary in a transaction between two parties
- dis·in·ter·me·di·ate /-'mE-dE-"At/ verb