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Disintermediation

Generally, disintermediation is the process of removing the middleman or intermediary from future transactions. Disintermediation is usually done to invest in instruments yielding a higher return.The goal of disintermediation is to lower the overall cost involved in the completion of transactions. Removing the intermediary may also allow a transaction to go through more quickly.[1]


References

  1. Definition of Disintermediation Investopedia