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disintermediation

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noun dis·in·ter·me·di·a·tion \ˌdis-ˌin-tər-ˌmē-dē-ˈā-shən\

Definition of disintermediation

  1. 1 :  the diversion of savings from accounts with low fixed interest rates to direct investment in high-yielding instruments

  2. 2 :  the elimination of an intermediary in a transaction between two parties

dis·in·ter·me·di·ate play \-ˈmē-dē-ˌāt\ verb


1967

First Known Use of disintermediation

1967


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