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disintermediation |
Also found in: Financial, Encyclopedia, Wikipedia, Hutchinson | 0.01 sec. |
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: EconomicsHow to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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One thing we are proud of is that we're not having huge disintermediations," said Robles. Thus, although the timing of disintermediation episodes may surely be attributed to positive spreads between market rates and the Regulation Q ceilings, the subsequent effects of disintermediations were not systematically related to the size of the rate spreads. |
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