English Lexicon

Financial Plan

/ˈfaɪ.næn.ʃəl plæn/
nounCEFR B2 (Upper)Top #1500 frequency
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Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    A comprehensive strategy outlining an individual's or organization's financial goals and the steps necessary to achieve them.

    "Creating a financial plan is essential for ensuring long-term financial stability."
  2. 2

    A document that includes budgeting, saving, and investment strategies tailored to meet specific financial objectives.

    "The financial plan detailed how much to save each month for retirement."

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Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

The term 'financial' originates from the Latin 'financia', meaning 'payment' or 'settlement', which evolved through Old French before entering English in the late 14th century. 'Plan' comes from the Latin 'planum', meaning 'flat surface', which transitioned into English in the 16th century, referring to a detailed proposal for achieving something.

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