"financially stable" vs "economically stable"

Question

"financially stable" vs "economically stable"

Both "financially stable" and "economically stable" are correct phrases, but they are used in different contexts. "Financially stable" refers to an individual or organization's ability to meet financial obligations, while "economically stable" refers to the overall stability of a country's economy.

Last Updated: March 15, 2024

This phrase is used to describe an individual, company, or organization that is able to meet its financial obligations and is not at risk of financial collapse.

Examples:

After years of saving and investing wisely, he finally became financially stable.
The company's profits have increased, making it financially stable for the foreseeable future.

Alternatives:

financially secure
financially sound
financially healthy
financially robust
financially solvent

This phrase is used to describe the overall stability of a country's economy, including factors like inflation, employment rates, and economic growth.

Examples:

Despite global economic challenges, the country remains economically stable.
The government's policies have contributed to maintaining economic stability in the region.

Alternatives:

economically secure
economically sound
economically healthy
economically robust
economically solvent

Answer 1

financially stable

This phrase is correct and commonly used in English.

Answer 2

economically stable

This phrase is correct and commonly used in English.

"financially stable" vs "economically stable"

financially stable

economically stable

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