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.

Other Words From

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

Word History and Origins

Origin of financialization¹

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

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