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disintermediation |
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Disintermediation Withdrawal of funds from a financial_institution in order to invest them directly.
disintermediation The situation that exists when depositors withdraw their savings from financial institutions and invest the money directly in the marketplace,usually because they can obtain a higher yield even though also running a higher risk of losing their money. 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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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. 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. 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. |
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