1. The elimination of an intermediary in a transaction between two parties. “Siri (on Apple’s 4S iPhone) is the start of disintermediation from Google search… users of Siri are consistently bypassing Google.”
2. The diversion of savings from accounts with low fixed interest rates to direct investment in high-yielding instruments.
Sources: http://www.merriam-webster.com/dictionary/disintermediation; http://us.mg201.mail.yahoo.com/dc/launch?rand=410904162
Posted in Communications, definitions, jargon, latest word
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Tagged argot, definition, disintermediate, disintermediation, Google, jargon, latest word, new word, Siri
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Coopetition (ko-op-e-TISH-en) noun. The merger of cooperation and competition. When rival businesses join forces for their mutual benefit they are in coopetition. It is used most commonly in the computer field but has been adopted widely. NASCAR refers to it when drivers alternate drafting positions during a race.
Sources: worldwidewords.org, Urban Dictionary
“Link bait” (noun, aka “link bait content”) – Content posted online that draws links from other users’ blogs or websites and thus increases traffic (visits) to the originating site. “Link baiting” is a legitimate marketing technique if the blog, article, video or whatever is truly interesting.
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Copyleft (kah’-pee-left) noun – The opposite of copyright. A license that gives anyone who has a copy of a work (software, documents, artwork) the same rights to use it as the author – provided the person allows his/her new work to be passed just as freely to future users.
Source: http://en.wikipedia.org/wiki/Copyleft