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disintermediation
(redirected from disintermediated)

   Also found in: Financial, Encyclopedia, Wikipedia, Hutchinson 0.03 sec.
dis·in·ter·me·di·a·tion  (ds-ntr-md-shn)
n.
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
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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The reason why it has had something of a pro-war effect is happenstance: the people and organizations being disintermediated tend to take an anti-war, and sometimes (especially in the case of the relief organizations) anti-American line.
Franklin Warren McFarlan, a senior associate dean at Harvard Business School who first met Victor when he was a student and now sits on the company's board, recalls that the Fungs were worried their company would be disintermediated and therefore disappear.
Contrary to the notion that the Net will be a disintermediated world, much of the payment that ostensibly goes for content will go to the middlemen and trusted intermediaries who add value-- everything from guarantees of authenticity to software support, selection, filtering, interpretation, and analysis.
 
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