financial difficulty vs financial difficulties

Both 'financial difficulty' and 'financial difficulties' are correct, but they are used in different contexts. 'Financial difficulty' is singular and refers to a specific problem or challenge related to money. 'Financial difficulties' is plural and indicates multiple problems or challenges in the financial aspect.

Last updated: March 31, 2024 • 814 views

This phrase is correct and commonly used in English.

"financial difficulty"

This phrase is used to refer to a specific problem or challenge related to money that someone is facing.

Examples:

She is experiencing financial difficulty after losing her job.
The company encountered financial difficulty due to poor financial management.

Show examples from the web [+]

The aids were granted because the company was in financial difficulty and needed restructuring.
Firstly, the borrower must not be in financial difficulty.
Furthermore, in most Member States, public authorities customarily pay late in situations of financial difficulty.
Such statements are a slap in the face for the hundreds of thousands of workers in financial difficulty.
Moreover, the Commission could not exclude that FN GmbH was a company in financial difficulty.
The insolvency directive offers employees valuable protection when their employer is in financial difficulty.
This has placed many farmers in serious financial difficulty.
To increase their profits, they have turned to households in great financial difficulty.
With our amendment, we hope to see Community cofinancing rise above 75% for organisations representing small farmers and family-run farms in financial difficulty.
They are restricted from operating outside their local geographic area and provide mainly small amounts of credit for low-income members and for those in financial difficulty.
Given that measure 5 was granted at a time when the Company was already in financial difficulty, it did not fall under the GBER.
(7e) Initiating court proceedings or disconnecting services without attempting to reach agreement on an affordable repayment schedule with a consumer in financial difficulty.
As a result of this, projects run into financial difficulty, and that certainly does nothing to promote the EU's credibility.
Subject: Potential conflict of interest for accountancy firms recommending administration procedures for companies in financial difficulty
It is necessary to provide assistance for those in financial difficulty, especially those who are suffering the most from rising energy prices.
The Commission also recognises the need for these guarantees, which are generally used in the sector and not specific to companies in financial difficulty.
Third, the Commission notes that Gdańsk Shipyard has been in financial difficulty for a long period of time.
When the clacks got into financial difficulty, the only person who could help them was Reacher Gilt.
It would then be necessary to clarify whether the firm in financial difficulty was the effective recipient of the aid.
Without the intervention, the club would have remained in financial difficulty, with the danger to go bankrupt and be relegated to a lower league.

Alternatives:

financial problem
financial issue
financial challenge

This phrase is correct and commonly used in English.

"financial difficulties"

This phrase is used to refer to multiple problems or challenges in the financial aspect that someone is facing.

Examples:

The family is going through financial difficulties after the unexpected medical expenses.
The business is struggling with financial difficulties caused by the economic downturn.

Show examples from the web [+]

Especially given wall street's recent financial difficulties.
The financial difficulties resulted in debt arrears.
As a result, TV2 quickly faced financial difficulties.
This clearly indicates the financial difficulties faced by Volvo Aero at the moment.
The company is not in financial difficulties.
After financial difficulties however, AGB's banking license was withdrawn in September 1998 and it is currently in liquidation.
The beneficiary was therefore no longer in financial difficulties.
This concerns Member States which are experiencing financial difficulties.
I understand she's experiencing some financial difficulties.
Household will be forced to leave for financial difficulties
These measures are extended to a company in financial difficulties.
Its customers experienced financial difficulties and hence marketing of Nitrogénművek's products fell to a minimal level.
The Association assists members of the profession experiencing financial difficulties
Your father is in grave financial difficulties.
Anna didn't know about Our financial difficulties.
providing support services for entrepreneurs facing financial difficulties; -
Many of the airlines in this highly competitive industry were already in financial difficulties.
Exposures shall not be treated as forborne where the debtor is not in financial difficulties.
In addition, production costs remain high, generating financial difficulties and often bankruptcy for many farms.
We've been looking at their accounts and they're all having financial difficulties.

Alternatives:

financial problems
financial challenges
financial issues

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financial difficulty vs financial difficulties