disintermediation

Definitions

Banking

  • noun the removal of any intermediaries from a process so that, e.g., lenders lend money direct to borrowers
  • noun a situation where investors remove their money from deposit accounts and invest directly in the stock market

Commerce

  • noun the removal of any intermediaries from a process so that, e.g., manufacturers sell direct to consumers instead of selling their products through wholesalers and retailers

Economics

  • noun the cutting out of intermediaries, as when a lender lends money direct to a borrower
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