Meaning & use

financial supermarket

noun·Advancedbusinessfinance

Last updated

UK/fɪˈnænʃl ˈsuːpəmɑːkɪt/
US/fɪˈnænʃl ˈsuːpərmɑːrkɪt/

Meaning

  1. nouncountablebusinessfinance

    A company that offers a wide range of financial services, such as banking, insurance, and investment advice, all under one roof.

    Grammar: Countable: you can say 'a financial supermarket' or 'financial supermarkets'.

    Patterns

    • a financial supermarket
    • financial supermarkets

    The bank became a financial supermarket, offering loans, insurance, and savings accounts all in one place.

    Some customers prefer a financial supermarket because they can manage all their money in one account.

    After the merger, the company was described as a financial supermarket that could serve all its clients' needs.

Word forms

pluralfinancial supermarkets

Common combinations

become a financial supermarket
The small bank grew quickly and became a financial supermarket.
a full-service financial supermarket
They advertise themselves as a full-service financial supermarket for busy families.
a one-stop financial supermarket
For many investors, a one-stop financial supermarket saves time and paperwork.

Synonyms and how they differ

one-stop shop
More general and informal; it can refer to any business that offers many products, not just financial ones.
financial conglomerate
More formal and often used in business reports; it emphasizes the company's large size and many divisions.

Word family

finance noun
The management of money, or the money itself.
financial adjective
Relating to money or how money is managed.

Commonly confused: financial supermarket or supermarket?

financial supermarket vs supermarket

A supermarket is a large food store. A financial supermarket is not a place to buy food; it is a company that sells many financial products.

Practice

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