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disintermediation
(redirected from disintermediated)

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disintermediation

Elimination of the intermediary or third party from a transaction. Technological advances should in theory lead to more efficient markets where buyers and sellers of a commodity or service can transact business directly without the need for a broker. The ability to buy insurance directly from an insurance company, or to buy investments directly from the investment provider, is an example of disintermediation. However, in reality, intermediaries frequently offer independence as well as adding value relied upon by one or both parties to a transaction, and are unlikely to be eliminated from a market.



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The reason why it has had something of a pro-war effect is happenstance: the people and organizations being disintermediated tend to take an anti-war, and sometimes (especially in the case of the relief organizations) anti-American line.
The blogs of war: how the Internet is reshaping foreign policy by Reynolds, Glenn Harlan / The National Interest
Franklin Warren McFarlan, a senior associate dean at Harvard Business School who first met Victor when he was a student and now sits on the company's board, recalls that the Fungs were worried their company would be disintermediated and therefore disappear.
Middleman becomes master: Wal-Mart watch out--giant Hong Kong trader ... by Holstein, William J. / Chief Executive (U.S.)
Contrary to the notion that the Net will be a disintermediated world, much of the payment that ostensibly goes for content will go to the middlemen and trusted intermediaries who add value-- everything from guarantees of authenticity to software support, selection, filtering, interpretation, and analysis.
The rhetoric of commercial online education by Werry, Chris / Radical Teacher
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