Financial abuse

Economic abuse is a form of abuse when one intimate partner has control over the other partner's access to economic resources, which diminishes the victim's capacity to support him/herself and forces him/her to depend on the perpetrator financially.

It is related to, or also known as, financial abuse, which is the illegal or unauthorized use of a person’s property, money, pension book or other valuables (including changing the person's will to name the abuser as heir), often fraudulently obtaining power of attorney, followed by deprivation of money or other property, or by eviction from own home. Financial abuse applies to both elder abuse and domestic violence.

A key distinction between economic abuse and financial abuse is that economic abuse also includes the control of someone's present or future earning potential by preventing them from obtaining a job or education.

Economic abuse in a domestic situation may involve:

In its extreme (and usual) form, this involves putting the victim on a strict "allowance", withholding money at will and forcing the victim to beg for the money until the abuser gives the victim some money. It is common for the victim to receive less and less money as the abuse continues. This also includes (but is not limited to) preventing the victim from finishing education or obtaining employment, or intentionally squandering or misusing communal resources.

Economic abuse is often used as a controlling mechanism as part of a larger pattern of domestic abuse, which may include verbal, emotional, physical and sexual abuse. Physical abuse may include threats or attempts to kill the spouse. By restricting the victim's access to economic resources, the offender has limited recourses to exit the abusive or violent relationship.

The following are ways that abusers may use economic abuse with other forms of domestic violence:

Victimization occurs across all socio-economic levels, and when victims are asked why they stay in abusive relationships, "lack of income" is a common response.

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