Meaning & use
financial center
Last updated
Meaning
nouncountable
A city or district where many banks and financial companies are based.
Grammar: Countable: 'a financial center,' 'financial centers.'
Patterns
- a major financial center
- the financial center of a country
- become a financial center
New York is a major financial center.
The city has become a financial center for the region.
Many financial centers around the world attract international banks.
Word forms
| plural | financial centers |
|---|
Common combinations
- major financial center
- London is a major financial center.
- global financial center
- Hong Kong is a global financial center.
- leading financial center
- The city is a leading financial center in Asia.
- financial center of the world
- Some say New York is the financial center of the world.
Synonyms and how they differ
- banking hub
- A less formal term for a place with many banks; 'financial center' is broader and more formal.
- financial district
- A specific area within a city where financial companies are located; a financial center can be a whole city.
Word family
- finance noun
- The management of money.
- financial adjective
- Relating to money matters.
- financially adverb
- In terms of money.
Commonly confused: financial center or financial centre?
financial center vs financial centre
British spelling; same meaning. Use 'center' in American English and 'centre' in British English.
Practice
Which sentence uses 'financial center' correctly?
Choose one answer.
The correct phrase is 'a major financial center.' Option 2 uses the plural 'centers' with 'a,' which is wrong. Option 3 is missing 'a.' Option 4 uses 'finance' instead of the adjective 'financial.'
Make it your own
Write a sentence using “financial center”, then check it and compare it with the examples above.