Meaning & use
financial implications
Last updated
Meanings
phraseplural
the effects that a plan or action will have on money, costs, or profits
Grammar: Always plural in this meaning; it usually follows 'the' and is followed by 'of'.
Patterns
- the financial implications of something
- have financial implications for someone
The board asked the finance team to explain the financial implications of closing the factory.
Before we sign the contract, we need to understand its financial implications for the company.
The new law has serious financial implications for small businesses.
phraseplural
the possible future money-related results of a decision, especially ones that are not yet clear
Grammar: Often used when the results are uncertain or still being considered.
Patterns
- consider the financial implications
- the financial implications for someone
We should consider the financial implications before we move to a bigger office.
The report outlines the financial implications for taxpayers.
She wanted to know the financial implications of taking early retirement.
Common combinations
- the financial implications of
- The financial implications of the merger are still being studied.
- have financial implications
- Any change to the pension scheme will have financial implications.
- serious financial implications
- The delay had serious financial implications for the project.
- consider the financial implications
- You must consider the financial implications before you invest.
- financial implications for
- The tax rise has financial implications for everyone.
Synonyms and how they differ
- financial consequences
- Very close in meaning, but 'consequences' often suggests a stronger, more negative result than 'implications'.
- financial effects
- Similar, but 'effects' is more neutral and direct, while 'implications' often hints at indirect or future results.
Commonly confused: financial implications or financial impact?
financial implications vs financial impact
'Financial impact' emphasizes the strength or size of the effect, while 'financial implications' emphasizes the possible results and what they might mean.
Practice
Which sentence uses 'financial implications' correctly?
Choose one answer.
'Financial implications' is a plural noun phrase that usually comes before 'of': the financial implications of the new tax. Option 2 puts 'of' too late, option 3 uses the phrase as an adjective, and option 4 wrongly equates the phrase with the tax itself.
Make it your own
Write a sentence using “financial implications”, then check it and compare it with the examples above.