financialization

[ fi-nan-shuh-luh-zey-shuhn, fahy‐ ]
/ fɪˈnæn ʃə ləˈzeɪ ʃən, faɪ‐ /

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.

Origin of financialization

First recorded in 1970–75; financial + -ization

OTHER WORDS FROM financialization

fi·nan·cial·ize, verb (used with or without object), fi·nan·cial·ized, fi·nan·cial·iz·ing.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019