Definition of "intermediation" [in•ter•me•di•a•tion]

• An act of coming between; an intervention. (noun)
• Intervention; interposition. (noun)

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• "Since the word "intermediation" means that a company accepts deposits and then lends them to others, that fancy word in the strategy simply states the obvious: It's a bank."
• "That the brave new world has all-of-the-above kind of people in't, communicating as peers rather than through hierarchy and intermediation, is in most ways cause for celebration."
• "It limits them to their legitimate purpose, namely intermediation as opposed to gambling."