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FINDLAW LEGAL DICTIONARY

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Disintermediation

disintermediation n

[from the investor's bypassing of the intermediate institution]
: the diversion of savings from accounts with low fixed interest rates to direct investment in high-yielding instruments



Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.