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financialization

Line breaks: fi¦nan|cial|iza¦tion
Pronunciation: /fɪˌnanʃ(ə)ləlʌɪˈzeɪʃ(ə)n/

Definition of financialization in English:

noun

[mass noun]
The process by which financial institutions, markets, etc., increase in size and influence: the rise in personal debt is bound up with the increasing financialization of the economy
More example sentences
  • The big bang of the 1980s unleashed the financialization of British capitalism that demanded the City be free of regulation.
  • In many ways, the debt-fueled housing bubble was the financialization of America carried to its logical conclusion.
  • What has gone relatively unremarked by economists is how financialization of the economy has transformed the idea of saving.

Definition of financialization in:

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