⚡ Black Friday Offer: Click here and shop now!

TextRanch

The best way to perfect your writing.

Discover why 1,062,726 users count on TextRanch to get their English corrected!

1. Input your text below.
2. Get it corrected in a few minutes by our editors.
3. Improve your English!

One of our experts will correct your English.

Our experts

financial commitment vs economic burden

Both 'financial commitment' and 'economic burden' are correct phrases, but they convey slightly different meanings. 'Financial commitment' refers to a promise or obligation to pay a certain amount of money, usually in the context of an investment or agreement. On the other hand, 'economic burden' refers to the impact or strain that financial obligations or responsibilities place on an individual or entity.

Last updated: March 20, 2024 • 537 views

financial commitment

This phrase is correct and commonly used in English.

It refers to a promise or obligation to pay a certain amount of money, usually in the context of an investment or agreement.

Examples:

  • Making a financial commitment to purchase a house is a big decision.
  • The company made a significant financial commitment to expand its operations.
  • financial commitment. unliquidated commitment · gross investment. DefinitionAdd to FlashcardsSave to Favorites. An undertaking to commit substantial ...
  • Did you find this definition of FINANCIAL COMMITMENT helpful? You can share it by copying the code below and adding it to your blog or web page.
  • Jan 8, 2016 ... A financial commitment occurs when an individual or an entity assumes responsibility for covering certain expenses. Some financial ...
  • Nov 29, 2014 ... However, making a financial commitment is a big decision, and directly affects our budgets, and sometimes other aspects of our lives as well.

Alternatives:

  • financial obligation
  • monetary commitment
  • financial responsibility
  • financial pledge
  • financial investment

economic burden

This phrase is correct and commonly used in English.

It refers to the impact or strain that financial obligations or responsibilities place on an individual or entity.

Examples:

  • The economic burden of the pandemic has been felt by many businesses.
  • Student loans can create a significant economic burden for graduates.
  • Economic burden of disease. While measurements of morbidity and mortality are key considerations for estimating the burden of disease in populations, they ...
  • Sep 19, 2011 ... The Global Economic Burden of NCDs. 14. 2.1 Approach 1: Cost-of-Illness. 15. 2.2 Approach 2: Value of Lost Output. 28. 2.3 Approach 3: Value ...
  • Oct 14, 2013 ... Economic burden of cancer across the European Union: a population-based ... We aimed to estimate the economic burden of cancer in the EU.
  • Cancer Epidemiol Biomarkers Prev. 2011 Oct;20(10):2006-14. doi: 10.1158/1055 -9965.EPI-11-0650. Economic burden of cancer in the United States: estimates, ...

Alternatives:

  • financial strain
  • financial hardship
  • financial pressure
  • financial encumbrance
  • financial weight

Related Comparisons

What Our Customers Are Saying

Our customers love us! We have an average rating of 4.79 stars based on 283,125 votes.
Also check out our 2,100+ reviews on TrustPilot (4.9TextRanch on TrustPilot).

Why choose TextRanch?

Lowest prices
Up to 50% lower than other online editing sites.

Fastest Times
Our team of editors is working for you 24/7.

Qualified Editors
Native English experts for UK or US English.

Top Customer Service
We are here to help. Satisfaction guaranteed!

×

⚡️ Black Friday 2024 ⚡️

Stock up on credits for the entire year!

Grab this offer now!