| 单词 | disintermediation |
| 释义 | disintermediation disintermediation1. The elimination of such middlemen as brokers and bankers from financial transactions. Disintermediation has been a consequence of new technology, deregulation, and globalization. Although it enables both parties to a transaction to save costs on commissions and fees, these savings have to be offset by the increase in the credit risk. disinvestment The reducing of investment in an activity, asset, company, or location. |
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