Meaning of “finance” in the English Dictionary

"finance" in British English

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financenoun

uk /ˈfaɪ.næns/ us /ˈfaɪ.næns/

B2 [ U ] (the management of) a supply of money:

the minister of finance/the finance minister
You need to speak to someone in the finance department.
The finance committee controls the school's budget.
finances [ plural ]

More examples

  • This report gives a global picture of the company's finances.
  • At the project meeting, he criticized her handling of the finances.
  • The company's finances are in a mess.
  • It was a relief to know that our finances were taken care of.
  • On 20 July the council was summoned to hear an emergency report on its finances.

B2 the money that a person or company has:

We keep a tight control on the organization's finances.
UK informal My finances won't run to (= I do not have enough money to buy) a new car this year.

More examples

  • He turned down a job in the finance division.
  • Now that the finance has been secured, the production of the film is assured.
  • Following the scandal, he was relieved of his post as deputy finance minister.
  • I'd like to buy a new car, but my finances are in such a bad state that I can't afford to.
  • The company's finances are in a mess.

financeverb [ T ]

uk /ˈfaɪ.næns/ us /ˈfaɪ.næns/

B2 to provide the money needed for something to happen:

The city council has refused to finance the project.

More examples

  • The terrorists financed themselves by robbing banks.
  • The City Council had financed the new building to the tune of over 4 million pounds.
  • A syndicate of banks are financing the deal.
  • They are still seeking someone to finance the project.
  • A backer has agreed to finance the development.

(Definition of “finance” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"finance" in American English

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financenoun

us /fəˈnæns, ˈfɑɪ·næns/

the management of money, or the money belonging to a person, group, or organization:

[ pl ] the city’s finances
financial
adjective [ not gradable ] us /fəˈnæn·ʃəl, fɑɪ-/

financial problems
financially
adverb [ not gradable ] us /fəˈnæn·ʃə·li, fɑɪ-/

We’re in fairly good shape financially.

(Definition of “finance” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"finance" in Business English

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financenoun

uk /ˈfaɪnæns/ us

[ U ] UK also financing money borrowed from an investor, bank, organization, etc. in order to pay for something:

raise/get/obtain finance Other ways of raising finance include equity release on a home and flexible mortgages.
arrange/provide/offer finance for sth The state-owned bank provides finance for buying homes.
require/need/seek finance All of these strategies required finance.

[ U ] the activity or business of managing money, especially for a company or government:

finance industry/sector Employment is expected to grow in finance, insurance, real estate, trade and services industries.
finance minister/director/committee The finance director reported a 3% rise in sales.

[ U ] ECONOMICS the study of the way money is used and managed in the economy:

There, he studied corporate finance and learned how to read income statements and balance sheets.
finances

[ plural ] money that is available for a person, company, government, etc. to use, and the way that it is used:

manage/control/handle your finances Many customers use online banking services to manage their finances.
personal/public/government finances Recession and ill-judged tax cuts have put extra strain on the public finances.
Compare

financeverb

uk /ˈfaɪnæns/ us

[ T ] to provide or lend the money needed to pay for something :

finance a project/development/programme 20% of the budget has been set aside to help finance the project.
be financed by/with/through Corporate acquisitions will likely be financed through the issuance of high-yield bonds.

(Definition of “finance” from the Cambridge Business English Dictionary © Cambridge University Press)