Top definition
The gradual conversion of your wealth and possessions to the government, through taxes, inflation and unjust laws.

Due to financial erosion, I opted to not maintain my property while I scrape up the cash to pay the property taxes.
by Stephan Smolka January 06, 2009
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2
The loss of wealth due to stock market prices dropping or investment bank's administrative costs
My retirement nest egg slipped away due to financial erosion.
by dddddjlsjlfjsljljsjlksjd October 05, 2016
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