institutionalisation
/ɪnˌstɪtʃuːʃənəlaɪˈzeɪʃən/
Definition
The process by which financial assets and management, traditionally held by individual households, shift toward professional, organized, and standardized systems like mutual funds.
Etymology
Derived from the Latin 'instituere' (to set up or establish), the word evolved through the suffix '-ation' to describe the act of organizing a practice into a formal, regulated institution. It gained prominence in modern English to denote the transition of informal social or economic behaviors into standardized professional frameworks.
In the news
In this article, the term describes the trend of Indian households moving their savings from traditional fixed deposits into organized mutual funds. This shift is presented as a structural economic opportunity that justifies the investment in the asset management firm PPFAS.
Avendus Future Leaders Fund invests Rs 140 crore in PPFAS through a secondary transaction
Read the full article ↗Moneycontrol.com