The removal of intermediaries from a process, especially in finance where depositors bypass banks to invest directly in markets

English dis- (removal) + intermediation

Bypassing Direct access Cutting out the middleman
Intermediation Brokering Mediation
"The credit-deposit imbalance in Indian banking reflects growing disintermediation as household savings shift from bank deposits to equity markets and mutual funds."

Use in GS3 answers on financial sector reforms, banking challenges, and capital market development — shows understanding of structural shifts in the economy.

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