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Money began to flow out of savings accounts and into these new funds, in a process known to banking specialists by the sonorous term "disintermediation."
But to the savings banks and S&L's, disintermediation was a mortal threat.
What Myhrvold meant by disintermediation was the removal of gatekeeping functionality, or middle men, between purveyor and consumer.— News on Anchorage Press
A clunky buzzword of the past few years has been "disintermediation," a classy Latinate term for the obsolescence of the middleman.— CJR
Implicit in disintermediation is a lot of revenue just plain disappearing.— HorsesAss.Org
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