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D________________
Definitions
The removal of funds from a financial institution such as a bank for direct purchase of financial instruments.
Word origin
From dis- + intermediation.
Used in a sentence
“Any disintermediation crisis, such as has occurred three times since 1966, causes mortgage money to dry up and slow down new housing construction which the country desperately needs.”
“The news industry is undergoing a massive disintermediation due to the ubiquitous low-cost communication made possible by the internet.”
“New-media thinkers, with their appetite for disintermediation and creative destruction, implicitly endorse and advance this transformation.”
Source: Wiktionary, CC BY-SA 4.0
Used as a crossword answer0 curated clues
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