disintermediation Hear it!

disintermediation definition

☆ dis·in·ter·me·di·a·tion (dis′in′tər mē′dē ā′s̸hən)

noun

the withdrawal of funds from banks and savings institutions in order to invest them in government securities, commercial paper, etc. paying higher rates of interest

Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

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