B2nounformal1K

Finance

UK //ˈfaɪ.næns//US //ˈfaɪ.næns//

Definition

The study or management of money, banking, investments, and assets.

In simple words: Management of money and resources.

Examples

  • She has a degree in finance from a top university.
  • The finance department oversees the organization's budget.
  • Good finance management is essential for business success.
  • They decided to finance their new home with a bank loan.
  • He is interested in personal finance and saving for retirement.
  • The finance industry is rapidly evolving with technology.
  • Understanding finance helps make better investment choices.
  • She works in finance advising clients on investment options.
  • Effective finance strategies can increase company profits.
  • Many students are pursuing careers in finance and economics.

Usage notes

Use 'finance' in formal contexts such as business discussions. Avoid in casual conversation.

Grammar pattern

finance + object

Memory hint

Think of 'finance' as 'fine chance' to manage money well!

Collocations

  • financial management
  • corporate finance
  • personal finance
  • financial analysis
  • investment finance

Synonyms

  • funding
  • capital
  • money management
  • investment
  • economics

Antonyms

  • debt
  • loss

Common mistakes

  • Confused with 'financial' as a noun; remember 'finance' is the noun for the field.
  • Using 'finances' incorrectly; 'finance' refers to the overall field, while 'finances' refers specifically to an individual's or organization's money.
  • Saying 'finance's' as a possessive; 'finance' is not typically used in that way.