English version


From Longman Dictionary of Contemporary Englishdisintermediationdis‧in‧ter‧me‧di‧a‧tion /dɪsˌɪntəmiːdiˈeɪʃən $ -tər-/ noun [uncountable]  the practice of selling a product directly to customers using the Internet, rather than first selling the product to a shopFrom Longman Business Dictionarydisintermediationdis‧in‧ter‧me‧di‧a‧tion /dɪsˌɪntəmiːdiˈeɪʃən-tər-/ noun [uncountable] FINANCEBANKING when financial products are sold directly to customers rather than through financial institutionsMany banks were keen to move into Stock Exchange activities in order to capture some of the business they were losing through disintermediation. opposite intermediation
Pictures of the day
What are these?
Click on the pictures to check.