Noun: disintermediation dis,in-tu(r),mee-dee'ey-shun
- The changing of a process to eliminate intermediaries or go-betweens. Often applied to business processes that use computer networks to provide direct business-to-business or business-to-customer transaction processing
"The rise of online booking platforms led to disintermediation in the travel industry"
Derived forms: disintermediations
Encyclopedia: Disintermediation