disintermediation
noun
dis·in·ter·me·di·a·tion ˌdis-ˌin-tər-ˌmē-dē-ˈā-shən 
1
: the diversion of savings from accounts with low fixed interest rates to direct investment in high-yielding instruments
2
: the elimination of an intermediary in a transaction between two parties
disintermediate
ˌdis-ˌin-tər-ˈmē-dē-ˌāt
verb 
Example Sentences
Recent Examples on the Web Advances in how data is handled are a great example of how technology strides in one area contribute to the kind of technology breakthroughs that enable disintermediation. 
John Dillon, Forbes, 15 Nov. 2021 Digital music is a rare example of service sector disintermediation with concomitant price declines. Paul Swartz, Fortune, 25 Jan. 2022 The disintermediation of entertainment With the advent of direct-to-consumer streaming services, millennials and Gen Z are hungry for standalone sports subscriptions. Steve Murray, Fortune, 24 Jan. 2022 From art to concert tickets, this independent verification opens up the potential for new markets and platform disintermediation. Alison Mccauley, Forbes, 4 Nov. 2021 But the disintermediation of social media didn’t really put the power in the hands of individuals. Ian Bogost, The Atlantic, 22 Oct. 2021 One of them, disintermediation, is gaining steam and seems poised to disrupt a huge swath of industries, most immediately media and entertainment. Roger Lee, Forbes, 20 Sep. 2021 The impending disintermediation is not only about payments and payments data. David G.w. Birch, Forbes, 5 June 2021 The world is now shifting where there’s some sort of digital disintermediation of the customer. Eric Johnson, Recode, 17 Dec. 2018 See More
John Dillon, Forbes, 15 Nov. 2021 Digital music is a rare example of service sector disintermediation with concomitant price declines. Paul Swartz, Fortune, 25 Jan. 2022 The disintermediation of entertainment With the advent of direct-to-consumer streaming services, millennials and Gen Z are hungry for standalone sports subscriptions. Steve Murray, Fortune, 24 Jan. 2022 From art to concert tickets, this independent verification opens up the potential for new markets and platform disintermediation. Alison Mccauley, Forbes, 4 Nov. 2021 But the disintermediation of social media didn’t really put the power in the hands of individuals. Ian Bogost, The Atlantic, 22 Oct. 2021 One of them, disintermediation, is gaining steam and seems poised to disrupt a huge swath of industries, most immediately media and entertainment. Roger Lee, Forbes, 20 Sep. 2021 The impending disintermediation is not only about payments and payments data. David G.w. Birch, Forbes, 5 June 2021 The world is now shifting where there’s some sort of digital disintermediation of the customer. Eric Johnson, Recode, 17 Dec. 2018 See More Word History
First Known Use
1967, in the meaning defined at sense 1
Legal Definition
disintermediation
noun
dis·in·ter·me·di·a·tion dis-ˌin-tər-ˌmē-dē-ˈā-shən
: the diversion of savings from accounts with low fixed interest rates to direct investment in high-yielding instruments