noun / verb · neutral
finance
/ˈfaɪnæns/FI·nance
money or funding; the management of large amounts of money; also a field of study
Examples
“She studied finance at university and then worked in banking.”
“The project was financed by a government grant.”
“The department needs extra finance to renovate the facilities.”
Band 8 sentence
“Public finance reforms are essential to ensure sustainable investment in infrastructure and social services.”
Collocations
- public finance / personal finance
- raise finance
- financial support / financial assistance
Word family
Common mistakes
finances (when meaning money singular)→finance / funding
use finance to mean fund (verb confusion)→finance (verb) = to provide funding for
Say it for a higher band
5money→6funding→7+finance
Synonyms
funding
money
Easily confused
funding
“The research received funding from multiple charities.”
money
“He needs money to pay for the repair.”
Related words
Learn this word with the rest of its set, and get reminded at the right time.
In Sublist 1
Learn it with its set