disintermediation


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disintermediation

The 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 website, the benefits of which are convenience, fast turnaround time and sometimes lower prices. Obviously, retail stores are very much against disintermediation. See re-intermediation.
References in periodicals archive ?
In this article, the authors look at the changes in the financial sector where disintermediation pressures have increased and market players' roles have been reshaped.
The report said "this blow to gender equality" can be explained by the fact that some of the roles most at risk from automation and disintermediation are those that are performed by a larger proportion of women for example, in the Office and Administrative job family.
Some insurers may become insolvent due to policyholder disintermediation, asset losses and ALM/liquidity issues, and it could happen very quickly and unexpectedly.
Here is a perfect example of a scenario for disintermediation.
Best's expectations over a sustained period and exposure to disintermediation risk if interest rates rise sharply.
Maybe not strictly disintermediation but, you may agree, not Strictly Come Cricket either.
Increased funding disintermediation in Europe is a positive development on many fronts.
They're being written out of many business transactions as the phenomenon of disintermediation continues to spread, and they're routinely portrayed as either sluggish, dishonest or both in television and radio commercials.
A second theme is the disintermediation that has occurred and efforts of those affected to ward off these threats to the middlemen.
Only 15% of respondents have used the web to pursue such transactions, indicating hat the long feared disintermediation of real estate brokers by the web remains a long way off.