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financialization
[ fi-nan-shuh-luh-zey-shuhn, fahy‐ ]
noun
- 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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Example Sentences
This restructuring and financialization would restore the competitiveness of American business and generate spectacular returns for investors.
From Washington Post
The fact that the stock market is booming is because of the financialization of our goods- and services-producing companies, not because the real economy is doing so well.
From Vox
There is also a more profound risk to financialization, with water as the ultimate example.
From Fortune
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