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finance
Definitions
(2)
1
The
management
of
large
amounts
of
money
,
especially
by
governments
or
large
companies
.
The
finance
department
is
responsible
for
budgeting
and
forecasting
.
She
studied
finance
in
college
to
work
in
investment
banking
.
The
government
announced
new
policies
to
regulate
the
finance
sector
.
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2
The
monetary
resources
and
affairs
of
a
state
,
organization
,
or
person
.
The
company's
finances
improved
after
the
successful
product
launch
.
He
was
worried
about
his
personal
finances
after
losing
his
job
.
The
charity
relies
on
donations
to
support
its
finances
.
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Word Origin
Language
French
Original word
finances
Word parts
fin (end) + -ance (action or process)
Originally meant
settlement of a debt
Background
The term 'finance' originated in the late Middle Ages, referring to the management of money and the settling of debts. It evolved from the French word 'finances', which was used to describe the payment of taxes and other dues.