Finance Meaning: Definition, Examples, and Translations
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finance
[หfaษชnรฆns ]
Definitions
business
The management of large amounts of money, especially by governments or large companies. It involves activities such as investing, borrowing, lending, and budgeting.
Synonyms
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| finance |
Finance refers to the management of large amounts of money, especially by governments or large companies. It encompasses activities, processes, and systems involved in managing finances.
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| funding |
Funding refers to money provided, especially by an organization or government, for a particular purpose like research, projects, or startups. It is often used when discussing sources of financial support.
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| capital |
Capital refers to wealth in the form of money or assets owned by a person or organization, available for a purpose such as starting a company or investing. It is often used in business and economic contexts.
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| monetary |
Monetary relates to money or currency, particularly in the context of policies or systems set by governments or financial institutions. It is often used in a formal or economic setting.
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Examples of usage
- He studied finance in college and now works for a major investment firm.
- The finance department is responsible for overseeing the company's financial transactions.
business
To provide funding for a person or enterprise.
Synonyms
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| finance |
This word is used in a formal context to describe the provision or management of large sums of money, typically for projects or businesses.
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| fund |
This word is commonly used in both formal and informal contexts to describe providing money for a specific purpose, often for initiatives, projects, or organizations.
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| sponsor |
This word is typically used when a person or organization provides financial support for an event, activity, or individual, often in exchange for advertising or association benefits.
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| back |
This word can be used informally to describe supporting someone or something, often with money. It can also mean supporting with other kinds of help, like approval or endorsement.
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Examples of usage
- The bank agreed to finance the construction project.
- She needed a loan to finance her new business.
Translations
To see the translation, please select a language from the options available.
Interesting Facts
History
- Ancient Mesopotamia was among the first to record financial transactions using clay tablets for trade.
- Modern central banking was pioneered in the 17th century by the Bank of England, which helped regulate currencies and loans.
- The establishment of stock exchanges in Europe during the 16th century revolutionized how companies raised funds from the public.
Pop Culture
- Movies like 'The Big Short' and 'Wall Street' dramatically portray the ups and downs of financial markets.
- Popular video games, such as 'Monopoly' and 'SimCity', involve finance and economic strategies to succeed.
- Many social media influencers focus on personal finance tips, making money management more relatable to younger audiences.
Science
- Behavioral finance studies how psychological factors affect investorsโ reactions to market fluctuations.
- Mathematics plays a crucial role in finance, with concepts like compounding interest driving investment strategies.
- Recent advances in technology have led to the rise of algorithms and artificial intelligence in trading, revolutionizing financial markets.
Literature
- Numerous classic novels, such as 'The Great Gatsby', explore themes of wealth, class, and the human desire for financial success.
- Self-help books on personal finance, like 'Rich Dad Poor Dad', have sold millions and significantly influenced financial literacy.
- Poets like T.S. Eliot have incorporated themes of money and its impact on human relationships in their works.
Origin of 'finance'
Main points about word origin
- The word originates from the Latin 'finis', meaning 'end' or 'settle', reflecting how finances settle accounts.
- It came into English during the 14th century, initially referring to the resolution of debts.
- In French, 'financer' means 'to pay', highlighting the word's connection to payment and economics.
The word 'finance' originated from the French word 'financer', which means 'to end' or 'to settle a debt'. It first appeared in the English language in the 18th century. The concept of finance has evolved over time to encompass a wide range of activities related to the management of money and investments.