Financial Condition (Noun)
Meaning
The condition of (corporate or personal) finances.
Classification
Nouns denoting natural processes.
Examples
- The company's financial condition was shaky at best, with mounting debts and dwindling profits.
- Her financial condition improved significantly after she landed a high-paying job and started saving aggressively.
- The auditor's report highlighted several concerns about the firm's financial condition, including excessive borrowing and poor cash flow management.
- The bank required the borrower to provide detailed information about their financial condition before approving the loan application.
- After a string of costly medical bills, his financial condition became precarious, forcing him to rely on friends and family for support.