Meaning & use
financial footing
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Meaning
phrasefixed phrase
the state of a person's or organization's finances, especially how stable or secure they are.
Grammar: Usually used in phrases like 'on a solid financial footing' or 'on a sound financial footing'.
Patterns
- on a solid financial footing
- on a sound financial footing
- put something on a secure financial footing
After the restructuring, the company is now on a solid financial footing.
The charity needs to get its finances on a sound financial footing.
They worked hard to put the business on a secure financial footing.
Common combinations
- on a solid financial footing
- The firm is now on a solid financial footing after years of losses.
- on a sound financial footing
- The government wants to put the pension system on a sound financial footing.
- on a secure financial footing
- With new investors, the startup is on a more secure financial footing.
- put something on a financial footing
- The new manager put the department on a better financial footing.
Synonyms and how they differ
- financial stability
- A broader term for the condition of being financially stable; 'financial footing' often implies a basis for future operations.
- financial health
- Focuses on the overall condition of finances, while 'financial footing' emphasizes the foundation or basis.
Commonly confused: financial footing or footing?
financial footing vs footing
On its own, 'footing' can mean a safe place to stand or a basis; 'financial footing' is specifically about money matters.
Practice
After the successful fundraising, the charity was finally on a ______ financial footing.
Choose one answer.
'Solid' is the most common adjective in this phrase. 'Strongly', 'hard', and 'firmly' do not collocate with 'financial footing' in this way.
Make it your own
Write a sentence using “financial footing”, then check it and compare it with the examples above.