DISINTERMEDIATION


Meaning of DISINTERMEDIATION in English

/dis'in teuhr mee'dee ay"sheuhn/ , n.

the act of removing funds from savings banks and placing them into short-term investments on which the interest-rate yields are higher.

[ 1965-70; DIS- 1 + INTERMEDIATION ]

Random House Webster's Unabridged English dictionary.      Полный английский словарь Вебстер - Random House .