Definition, Meaning & Synonyms
financial implication
Noun
/fəˈnænʃəl ˌɪmplɪˈkeɪʃən/
Definition
The possible financial effects or consequences resulting from a decision, action, or event.
Examples
- The financial implication of the new tax policy will affect many businesses.
- When considering a new investment, it’s crucial to understand the financial implications first.
- Her decision to buy a car had several long-term financial implications that she hadn’t anticipated.
Meaning
Financial implication refers to how a decision can impact an individual’s or organization’s monetary situation, including costs, revenues, and other financial factors.
Synonyms
- monetary consequence
- economic result
- fiscal impact