Definition of disintermediation in English:

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disintermediation

Pronunciation: /disˌin(t)ərmēdēˈāSH(ə)n/

noun

Reduction in the use of intermediaries between producers and consumers, for example by investing directly in the securities market rather than through a bank.
Example sentences
  • Along with financial disintermediation, investment relative to GDP declined over time.
  • But it was also to avoid the bank disintermediation associated with a stock market boom.
  • We remain in the heart of a major disintermediation out of low-yielding money fund deposits and into securities.
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