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August 31, 2024 4 min read Definitions
Disintermediation: The Elimination of Financial Middlemen
Economics Finance Banking Financial Transactions Intermediaries Brokers Bankers Technology Deregulation Globalization
Disintermediation refers to the removal of intermediaries like brokers and bankers from financial transactions, often driven by technology, deregulation, and globalization. While it can reduce transaction costs, it can also increase credit risk.
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