›FINANCEthe situation in which sellers and buyers of financial products deal directly with each other, rather than using banks, etc.: The internet is, potentially, the greatest force for disintermediation the banks have ever had to tackle. → Compareintermediation
›COMMERCEthe situation in which manufacturers sell directly to consumers, rather than through stores, etc.: Throughout Europe, governments are anticipating a devastation of the retail sector workforce caused by 'disintermediation': the elimination of the middleman.