finance

¹fi·nance

noun \fə-ˈnan(t)s, ˈfī-ˌ, fī-ˈ\

Definition of FINANCE

1

plural : money or other liquid resources of a government, business, group, or individual

2

: the system that includes the circulation of money, the granting of credit, the making of investments, and the provision of banking facilities

3

: the science or study of the management of funds

4

: the obtaining of funds or capital : financing

Examples of FINANCE

1. She's taking a course on personal finance.
2. an expert in finance who predicts global economic disaster
3. The library closed due to a lack of finances.

Origin of FINANCE

Middle English, ending, payment, from Anglo-French, from finer to end, pay, from fin end — more at fine

First Known Use: 1739

Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer