Gadit

finance

Definitions (2)
1The 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.
2The 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.
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.