Business, Legal & Accounting Glossary
Of or pertaining to disintermediation.
A medium which permits the consumer to purchase goods and services directly from the producer. This enables the consumer to cut costs as the middleman is eliminated from the supply chain. Online shopping is an example of a disintermediary because it allows manufacturers and consumers to interact directly with each other.
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This glossary post was last updated: 8th December, 2019 | 1 Views.