disintermediation

American

[dis-in-ter-mee-dee-ey-shuhn] / ˌdɪs ɪn tərˌmi diˈeɪ ʃən /

noun

the act of removing funds from savings banks and placing them into short-term investments on which the interest-rate yields are higher.

disintermediation British

/ dɪsˌɪntəˌmiːdɪˈeɪʃən /

noun

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

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of disintermediation

First recorded in 1965–70; dis- ¹ + intermediation

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

That makes it unlikely that customers will move away from using its mainframes toward decentralized platforms—a potential shift known as mainframe disintermediation—over the next several years.

From Barron's

Meanwhile, software stocks have been badly hit by fears of AI-driven disintermediation.

From MarketWatch

“The market has suddenly turned into a sniper’s alley as the spotlight turns on sectors that could be disrupted by AI automation, disintermediation and obsolescence,” Deutsche Bank analyst Adrian Cox said Monday.

From Barron's

The bigger threat from the internet, it turned out, was disintermediation.

From The Wall Street Journal

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023