disintermediation love

disintermediation

Definitions

from The American Heritage® Dictionary of the English Language, 4th Edition

  • 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.

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. The removal of funds from a financial institution such as a bank for direct purchase of financial instruments.
  • n. The removal of an intermediary from a commercial transaction.

Etymologies

dis- +‎ intermediation (Wiktionary)

Examples

  • The essay goes on to suggest that disintermediation is taking place, in that a smaller share of the labor force is working for employers that offer generous health insurance.

    Business and Health Care Costs, Arnold Kling | EconLog | Library of Economics and Liberty

  • Just on that before I move to my other topic, I'm curious given that you've seen an increase in deposit cap for the banking systems, $250,000 from $100,000, in what seems to be a temporary move by the government action on the money market business, is there a longer term disintermediation issue that you're worried about?

    SeekingAlpha.com: Home Page

  • The buzzword on everyone's lips was 'disintermediation' - the idea that with ebooks writers could sell direct to their readers, so would no longer need publishers or bookshops.

    Archive 2010-01-01

  • Yeah, "disintermediation" -- I learned that word from Larry Solum.

    Archive 2006-05-01

  • I don't have serious objections in principle to the right kind of "disintermediation" - the jargon used for the process of reducing the supply chain - or even to ebooks, as long as they don't completely replace the physical book.

    The Guardian World News

  • I've become a big fan of 'disintermediation' - getting rid of the mess in the middle, which, from my author's perspective includes both Amazon, because of its DRM and exclusivity clauses, and conglomerate-based publishers.

    Progressive Bloggers

  • This pattern of cutting out unnecessary middlemen by empowering non-experts, sometimes called "disintermediation," is part of a process we’ve termed “disruptive innovation,” and it’s vital to making costly products and services much more affordable over time.

    Power to the Patients

  • Historically, the cries for deregulation and M&A-driven consolidation in banking began in the '80s when bigger banks began to complain about disintermediation, that is, the business lost to a variety of new, deregulated competitors such as mutual funds and investment banks.

    Robert Teitelman: Christopher Whalen and the Bet on Small Banks

  • This shift, referred to as disintermediation, makes financial markets increasingly central to any examination of systemic risk.

    Steven Schwarcz: Markets, Systemic Risk, and the Subprime Mortgage Meltdown

  • Maybe the revolutionizing impacts of the Internet are an outgrowth of what Stewart Brand and friends, in the 70s and 80s, called disintermediation, the dynamic of middle men losing their foothold in the market e.g. high-fee stock brokers losing to the rush of discount brokers.

    The market and the internet don’t care if you make money - Publishing 2.0

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