disintermediation

(redirected from Reintermediation)
Also found in: Financial, Encyclopedia.

dis·in·ter·me·di·a·tion

 (dĭs-ĭn′tər-mē′dē-ā′shən)
n.
1. The elimination of intermediary agents in transactions between buyers and sellers.
2. Withdrawal of funds from intermediary financial institutions, such as banks and savings and loan associations, in order to invest in instruments yielding a higher return.

disintermediation

(dɪsˌɪntəˌmiːdɪˈeɪʃən)
n
(Banking & Finance) 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

disintermediation

an economic phenomenon of the late 1970s and early 1980s in which investors, flnding that conventional savings and thrift methods did not pay sufficient interest to keep pace with inflation, transferred their funds to the money market and related savings and investment instruments, leading to a rapid growth in those resources and a loss of funds from institutions like savings banks.
See also: Economics
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References in periodicals archive ?
She thinks librarians must get control of reintermediation, return expertise to education, and shape digitization, deterritorialization, and disintermediation for an inclusive society.
Reintermediation Strategies in Business-to-Business Electronic Commerce, International Journal of Electronic Commerce, 4, 4, 7-42.
7%, but we had become accustomed, for a decade, to seeing the banking sector grow based on two parameters: economic growth of course, but also the reintermediation of the economy.
You'll discover how technology and other factors are driving a radical new round of disintermediation, reintermediation, and disruption--and what that means to you and your company.
In other words, even if there has been disintermediation, it either has been elusive or was followed by intermediation (the arrival of new intermediaries) or reintermediation (reestablishment of the once disintermediated go-betweens) (Chircu & Kauffman, 1999).
the high level of dependence that could involve reintermediation with a dominant web platform;
That is why these resources are the primary reason underpinning the survival of EMCs and are also responsible for their reintermediation (Sharma, 2005).
Reintermediation causes new regulatory requirements for banks to reduce the distribution of credit in order to meet their solvency ratio.
However, this is to ignore the ingenuity of markets in exploiting opportunity - in this case reintermediation of funds to SMEs via the large firm sector.
The rise of the cybermediary has changed the focus of the debate from intermediation versus disintermediation to include the possibility of reintermediation with technology-savvy firms displacing traditional distributors as intermediaries (Chircu and Kauffman 1999; Palvia and Vemuri 1999; Bakos 2001; Rabinovich 2004).
Towards a Conceptualization of Financial Reintermediation," Review of International Political Economy 11 (2004), 263-288; Julie Froud, Johal Sukhdev and Karel Williams, "Financialisation and the Coupon Pool," Capital and Class 78 (2002), 119-151.
A reduction in securitisation now seems likely, and a degree of reintermediation by financial institutions can be expected once credit markets return to normalcy.