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Meaning of financial mechanism
A financial mechanism refers to a system or process by which financial transactions are managed and executed.
Etymology of financial mechanism
The word "financial" originates from the Old French word "financier," meaning "to manage money," which is derived from the Latin word "finis," meaning "end" or "payment."
The word "mechanism" comes from the Greek word "μηχανή" (mechane), meaning "device" or "machine."
The term "financial mechanism" has been in use since the 19th century, referring to the systems and processes used to manage financial transactions.
Synonyms
funding system
payment method
monetary arrangement
economic structure
budgeting process
accounting mechanism
fiscal policy
money management
cash flow system
revenue stream
expense management
financial system
investment strategy
funding model
budget mechanism
financial arrangement
monetary policy
economic mechanism
cash management
treasury management
financial planning
investment mechanism
funding structure
financial framework
economic framework
monetary framework
budgeting mechanism
accounting system
financial infrastructure
Definitions
- A financial mechanism is a system or process that enables the flow of money and financial resources within an organization or economy.
- * It refers to the methods and procedures used to manage and facilitate financial transactions, such as payments, investments, and funding.
Usage Examples
- The company implemented a new financial mechanism to streamline its payment processing.
- * The government established a financial mechanism to provide funding for small businesses.
- * The financial mechanism of the organization was complex and required specialized expertise to manage.
Antonyms
informal arrangement
unofficial system
unstructured process
disorganized method
ad hoc approach
unregulated practice
unmanaged system
lack of structure
chaotic process
uncoordinated effort
spontaneous approach
unplanned method
uncontrolled system
disordered mechanism
unmethodical approach
casual arrangement
unsystematic process