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.