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Meaning of financials
The primary meaning of "financials" refers to a company's or organization's financial situation, including its income, expenses, assets, and liabilities.
Etymology of financials
The word "financials" originated in the mid-19th century, derived from the word "finance", which comes from the Old French word "finer", meaning "to end" or "to settle", and the Latin word "finis", meaning "end" or " settlement".
Historically, the term "financials" referred to the process of settling or ending financial transactions, but over time, it has come to encompass a broader range of meanings related to financial management and performance.
Synonyms
Definitions
- A company's or organization's financial situation and performance, including its income, expenses, assets, and liabilities.
- * Financial statements, such as balance sheets, income statements, and cash flow statements, that provide information about a company's or organization's financial situation and performance.
Usage Examples
- The company's financials showed a significant increase in revenue and profits last quarter.
- * The investor reviewed the financials of the company before making a decision to invest.
- * The financials of the non-profit organization were audited to ensure transparency and accountability.