disintermediation
Noun
Meaning
(banking, finance, economics) The removal of funds from a financial institution such as a bank for direct purchase of financial instruments.
(business) The removal of an intermediary from a commercial transaction.
The news industry is undergoing a massive disintermediation due to the ubiquitous low-cost communication made possible by the internet.
Related terms
Examples
Blockchain-based tokenization models and the disintermediation of appraisement and matchmaking services allow LEXIT to make Mergers & Acquisitions as easy as selling a car or real-estate.
This disintermediation of the sales channel was (and still should be) a valid concern to distributors who are not adapting.
Why good broker relations and smart broker analytics work better for healthcare carriers than broker disintermediation.