disintermediation

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

Definition of DISINTERMEDIATION

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

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

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

1967

Next Word in the Dictionary: disintoxicatePrevious Word in the Dictionary: disinterestednessAll Words Near: disintermediation

What made you want to look up disintermediation? Please tell us where you read or heard it (including the quote, if possible).

Put-downs with flair

How to use a word that (literally) drives some people nuts.

Test your vocab with our fun, fast game

Ailurophobia, and 9 other unusual fears