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financialization

[ fi-nan-shuh-luh-zey-shuhn, fahy‐ ]

noun

  1. an increase in the role of financial institutions, markets, and executives in a nation’s economy, and its subsequent dominance over the traditional economics of industry and agriculture:

    The forces of modern financialization have become irresistible.

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Other Words From

  • fi·nan·cial·ize verb (used with or without object) financialized financializing

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Word History and Origins

Origin of financialization1

First recorded in 1970–75; financial ( def ) + -ization ( def )

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financial futuresFinancial Ombudsman

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