financed
Pronunciation: [fɪˈnænʧt]
Word
Context: “business”
(verb) to provide money for something, like a project, a company, or a person's education. When something is financed, it means that someone has given or lent the money needed for it.
Example
The school was financed by donations from the community.
Example
The project could not be financed because there was not enough money available.
Example
How was the new bridge financed?
Context: “personal finance”
(verb) to pay for something over time, often by borrowing money. When you finance a car or a house, you take out a loan and pay it back bit by bit.
Example
She financed her new car with a loan from the bank.
Example
He didn't finance the purchase and therefore couldn't afford the expensive item.
Example
Did you finance your education or pay for it all at once?
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