Financial institutions signal trustworthiness through names that promise security and faith.

Evidence

In this light, it comes as no surprise that futures institutions have chosen names like “securities,” “social security,” “insurance” (which means to guarantee, to make safe), and “credit” (which derives from the Latin “to believe”) and that many banks and insurance companies bear names containing the words “trust,” “fiduciary,” “fidelity,” “guardian,” “guaranty,” and “assurance,” not to mention, “prudential,” “provident,” “beneficial,” and “equitable.” — Shapiro, Susan P., The Social Control of Impersonal Trust, 30

Categorization

• DEFINE: Etymology of credit (from Latin ‘to believe’) and insurance (to make safe) crystallizes that these institutions exist to manufacture trust.
• XREF: Connects to the reader’s work on trust and the triad/social-order scaffolding — naming is an institutional ritual that pre-enacts the fiduciary bonds Raskolnikov lacks. — connects to: Trust is confidence expressing faith in others’ probity or in abstract principles. — Anthony Giddens, The Consequences of Modernity, 88; Trust is a faith-like commitment, not mere cognitive calculation — Anthony Giddens, The Consequences of Modernity, 73
• corroborated: 2 independent passages support this claim — Shapiro, Susan P., The Social Control of Impersonal Trust, 30

Broader Connections

• Trust is confidence expressing faith in others’ probity or in abstract principles. #expands (0.78) — Anthony Giddens, The Consequences of Modernity, 88
• Trust is a faith-like commitment, not mere cognitive calculation #expands (0.75) — Anthony Giddens, The Consequences of Modernity, 73