BusinessAugust 20, 2026
financialization
fy-NAN-shuh-luh-ZAY-shun
Definition
The process by which financial services, capital markets, and financial motives gain increasing influence over the economy, corporate policy, and household behavior.
Etymology
Derived from the English word 'financial,' which traces back to the Old French 'finance' meaning 'settlement of a debt' or 'ransom,' combined with the suffix '-ization' to denote a process or state of becoming.
In the news
Mr. Rattner identifies the 'financialization' of the economy as a major structural shift that has contributed to current social unrest and changes in how wealth is distributed.
Reading the Global Economic Tea Leaves
Read the full article ↗The East Hampton Star