finance industry

USAGE SUMMARY

'finance industry' is correct and usable in written English.
It is usually used as a noun to refer to the commercial banking and investment banking sectors. For example: The finance industry is an important pillar of the nation's economy.

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

55 human-written examples

That is the finance industry".

The New Yorker

America's finance industry is more diffuse.

The Economist

The third accelerant is the finance industry.

The Economist

Roles in finance industry and human resources also scored highly.

Independent

Many people blame the finance industry for the financial crisis.

The New York Times

The reform will save the finance industry billions.

The Guardian

Human-verified similar examples from authoritative sources

Similar Expressions

5 human-written examples

The global litigation-finance industry is probably worth more than $1 billion today.

The Economist

Scotland has developed a sizeable corporate-finance industry over the past 20 years.

The Economist

It is also a technological marvel that could disrupt much of the consumer-finance industry.

The Economist

Yasuo Takei, the king of Japan's consumer-finance industry, sits in an ornate chair.

Forbes

Many finance-industry bosses might agree and wish they had thought it sooner.

The Economist

Expert writing Tips

Best practice

When discussing the impact of economic policies, use "finance industry" to highlight the sector's role in facilitating capital flow and investment.

Common error

Avoid making sweeping statements about the "finance industry" without specifying which segment (e.g., banking, insurance, investment) you are referring to.

Linguistic Context

The phrase "finance industry" primarily functions as a noun, identifying the commercial banking and investment banking sectors. Ludwig AI confirms its correct usage, demonstrated through numerous examples in news, business, and academic contexts.

Expression frequency: Very common

Frequent in

News & Media

67%

Science

18%

Formal & Business

9%

Less common in

Wiki

4%

Encyclopedias

1%

Reference

1%

Ludwig's WRAP-UP

The phrase "finance industry" is a common and grammatically sound term used to describe the sector encompassing commercial and investment banking. As confirmed by Ludwig AI, its widespread use across news, business, and academic sources makes it a reliable choice for formal and neutral contexts. While alternatives like "financial sector" and "banking sector" exist, "finance industry" offers a specific focus on core financial activities. Remember to avoid overly broad generalizations and specify the segment you're discussing for clarity.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

financial sector

Focuses on the broader economic segment encompassing financial services.

financial services industry

Emphasizes the service-oriented aspect of finance, including insurance and wealth management.

banking sector

Specifically refers to institutions involved in banking activities.

investment banking

Highlights the segment dealing with underwriting and advising on mergers and acquisitions.

credit market

Highlights activities related to lending and borrowing of funds.

capital markets

Refers to the markets where savings and investments are transferred between suppliers and those who need capital.

fiscal institutions

Refers to organizations involved in managing government revenue and debt.

monetary system

Focuses on the system by which a country supplies and regulates its money.

insurance industry

Focuses specifically on companies offering risk management and insurance products.

wealth management sector

Highlights the segment focused on managing and growing individuals' wealth.

FAQs

How do I use "finance industry" in a sentence?

You can use "finance industry" to describe the sector's impact on the economy, such as "The "finance industry" plays a crucial role in economic growth".

What can I say instead of "finance industry"?

You can use alternatives like "financial sector", "banking sector", or "investment banking" depending on the context.

Which is correct, "finance industry" or "financial industry"?

"Finance industry" is the more commonly used and accepted term when referring to the sector encompassing banking, investments, and related financial services.

What's the difference between "finance industry" and "financial services industry"?

"Finance industry" generally refers to the core activities of banking and investments, while "financial services industry" is broader, including insurance, wealth management, and other related services.