financialization /fʌɪˌnanʃl̩ʌɪˈzeɪʃn̩/ noun2 •Conversion of intangible value into financial instruments.First, it is necessary to be explicit about what I am not asserting: specifically, that financialization represents an entirely novel phase of capitalism. — 2014 •The act of making, or treating as, financial; bringing something into the sphere of finance.
