disintermediation

disintermediation — 名詞

1. the movement of money out of traditional bank savings accounts — which pay only

1.名詞C2
釋義

脫媒

資金從銀行轉向直接投資

the movement of money out of traditional bank savings accounts — which pay only a small fixed rate of interest — and into direct investments such as stocks, bonds, or money market funds that offer a higher return.

例句

When bank interest rates stayed below 3%, disintermediation pushed billions of dollars into the stock market.

當銀行利率低於 3% 時，脫媒現象將數十億美元推向了股市。

uncountable noun + verb + into [investment vehicle]

The rise of disintermediation in the 1970s forced banks to offer higher savings rates.

1970 年代脫媒現象興起，迫使傳統銀行提高儲蓄帳戶的利率。

rise of disintermediation — common collocation

常見搭配
  • lead to disintermediation
  • cause disintermediation
  • financial disintermediation
  • disintermediation in banking
  • a wave of disintermediation
反義詞
  • re-intermediation

    the return of funds to bank-managed accounts or the reintroduction of a financial intermediary

用法筆記

This sense belongs to the field of finance and banking. The noun is uncountable and typically appears with verbs like 'lead to', 'cause', or 'result in'. It is also commonly used in the compound phrase 'financial disintermediation'.

常見錯誤

Disintermediation happened to my account.
Disintermediation affected the banking sector as a whole.
Disintermediation describes a broad economic trend, not an individual account event.
I did disintermediation with my savings.
I practiced disintermediation by moving my savings into stocks.
The noun is not used as a direct object of 'do'; use 'practice' or 'engage in'.

2. the removal of a person or company that normally connects a buyer and a seller,

2.名詞C2
釋義

去中間化

跳過中間人直接交易

the removal of a person or company that normally connects a buyer and a seller, allowing the two sides to deal directly with each other — for example, a manufacturer selling through its own website instead of through a retail store or distributor.

例句

Online travel booking sites caused disintermediation by letting customers book flights directly from airlines.

線上訂房網站造成去中間化，讓顧客直接向航空公司訂票。

caused disintermediation by + [method]

The furniture company practiced disintermediation by selling through its own website instead of through shops.

這家傢俱公司透過自家網站銷售，以去中間化的方式繞過實體店面。

常見搭配
  • cause disintermediation
  • lead to disintermediation
  • disintermediation in [industry]
  • disintermediation of [role]
  • disintermediation through technology
同義詞
  • cutting out the middleman

    an informal, everyday phrase that expresses the same idea; not used in formal economic writing

  • direct selling

    focuses on the sales method rather than the removal of a link in the chain

反義詞
  • re-intermediation

    the reappearance or reintroduction of an intermediary in a new form (e.g. an online platform that connects buyers and sellers)

  • intermediation

    the normal process of using an intermediary in a transaction

用法筆記

Common in discussions of e-commerce, technology, and supply-chain management. Often contrasted with 're-intermediation' (the reintroduction of a middleman role in a new form) and 'disintermediation' sense 1 (which is limited to banking and savings).

常見錯誤

The store closed because of disintermediation of the middleman.
Disintermediation made the store unnecessary because customers could buy directly from the factory.
The word already includes the concept of removing a middleman; do not say 'disintermediation of the middleman'.

同根字

常見搭配

名詞搭配

  • financial disintermediation
  • disintermediation phenomenon
  • disintermediation process

常用片語

  • wave of disintermediation
  • period of disintermediation
  • threat of disintermediation
  • trend toward disintermediation