Want to say financial system differently? Here are other words for financial system and its similar synonyms and opposite words to say in unique way.
Meaning of financial system
The primary meaning of "financial system" refers to the system that enables the creation, allocation, and management of financial resources within an economy.
Etymology of financial system
The term "financial system" has its roots in the 17th century, when the concept of finance emerged as a distinct field of study.
The word "finance" comes from the Old French "finance," which is derived from the Latin "finis," meaning "end" or "payment."
Over time, the term "financial system" evolved to encompass the complex network of institutions, markets, and instruments that facilitate the flow of funds within an economy.
Synonyms
Definitions
- The financial system is a set of institutions, instruments, and markets that facilitate the flow of funds from savers to investors, providing a framework for economic growth and development.
- * It encompasses various components, including banks, stock markets, bond markets, and other financial intermediaries, which work together to mobilize savings, allocate resources, and manage risk.
Usage Examples
- The country's financial system is facing a crisis due to a lack of liquidity in the market.
- * The government is working to reform the financial system to make it more stable and efficient.
- * The financial system plays a critical role in facilitating economic growth and development by providing access to credit and other financial services.