Finance
/fɪˈnæns/
Definitions
2 meaningsThe management of money and other valuable assets.
/fɪˈnæns/
The management of money.
He works in finance.
💡 Simply: Imagine you're running a lemonade stand. Finance is all the stuff about money: how much you spend on lemons, how much you sell lemonade for, and if you're making a profit!
👶 For kids: Money stuff! How we get money, keep money, and spend money.
More Examples
Sound financial decisions are crucial for any business.
The university offers courses in finance and accounting.
How It's Used
"The company's finance department oversees all financial transactions."
"She is studying personal finance to manage her budget."
To provide money for something.
/fɪˈnæns/
To provide funding for.
The company was financed by venture capitalists.
💡 Simply: Imagine you're starting a band and need to buy instruments. To finance the band means to get the money to buy them, maybe from your parents or by saving up.
👶 For kids: To give money so someone can do something!
More Examples
The project will be financed through a combination of grants and loans.
She needed to finance her education.
How It's Used
"The bank financed the new business venture."
"The government will finance the infrastructure project."
Synonyms & Antonyms
Antonyms
Idioms & expressions
to be in good/bad finance
To have a positive or negative financial situation.
"The company is in good finance this quarter."
financial advisor
A professional who provides financial advice to clients.
"We hired a financial advisor to help us plan for retirement."
From Old French *financer* (to settle a debt, to furnish money), from *fin* (end, payment) + *-ance* (suffix forming nouns of action or state). The word's history is closely tied to money management, commerce, and government administration.
The term 'finance' has been used since the late 14th century, initially referring to the end or conclusion of a financial transaction. Over time, its meaning evolved to encompass the broader management of money.
Memory tip
Think of 'fin' for finish/complete (transactions) and 'ance' for action of doing. Thus finishing money-related actions
Word Origin
"To settle a debt, to furnish money."