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disintermediation |
Also found in: Dictionary/thesaurus, Financial, Wikipedia, Hutchinson | 0.01 sec. |
disintermediationThe elimination of the distributor and/or retailer (the middleman) when making a purchase. The term is used to refer to purchasing directly from a manufacturer's Web site, the benefits of which are convenience, fast turnaround time and sometimes lower prices. Obviously, retail stores are very much against disintermediation. See reintermediation. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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InsuranceNoodle's advantage over many of its long-gone competitors came from its decision to reintermediate the business rather than disintermediating it, said Urbanciz. And because it is disintermediating and takes costs out of the process, it also tends to be somewhat deflationary. In essence, the focus on online wealth management services has changed from disintermediating the human advisors to arming those human advisors to play a central role in their clients' day-to-day money management. |
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