financial assessment

USAGE SUMMARY

The phrase "financial assessment" is correct and usable in written English. You can use it when discussing the evaluation of financial status, performance, or needs. For example, "The company conducted a financial assessment to determine its budget for the upcoming year." Alternative expressions include "financial evaluation" and "financial analysis."

✓ Grammatically correct

News & Media

Science

Academia

Human-verified examples from authoritative sources

Exact Expressions

57 human-written examples

Financial assessment is integrated at a later stage to assess the economic viability of the system.

Energy Policy

Analyses produced by SIGAPS enable financial assessment to be made by hospitals.

Annales de Dermatologie et de Vénéréologie

But something is still being extracted from the ruins: a financial assessment of the damage.

The New York Times

They have the wealth, as the latest Forbes financial assessment confirms.

The New York Times - Sports

Under win-win CSR, socially responsible activities will always be subject to a financial assessment.

Columbia University

The next stage is the financial assessment, when the council looks at your savings and any income you have.

The Guardian - Money

Here we guide you through how to get a free care assessment, and the financial assessment that follows.

The Guardian - Money

In the same manner, the paper presents two case studies of the financial assessment analyzing PV systems in Egypt.

Renewable and Sustainable Energy Reviews

Human-verified similar examples from authoritative sources

Similar Expressions

3 human-written examples

The website provides information on universal assessments, eligibility and financial assessments.

The Guardian

But that payoff is tempered by league financial assessments, he added.

The New York Times - Sports

Reveal the financial assessments on which Treasury economic forecasts are based?

The Economist

Expert writing Tips

Best practice

When using "financial assessment", ensure you clearly define the scope and criteria of the assessment to provide a transparent and understandable evaluation.

Common error

Avoid using "financial assessment" without specifying what aspects are being assessed; provide specific details about the assets, liabilities, or economic factors under consideration.

Linguistic Context

The phrase "financial assessment" functions primarily as a noun phrase. It refers to the process or result of evaluating someone or something's finances. As Ludwig AI suggests, this phrase is grammatically correct and widely used.

Expression frequency: Very common

Frequent in

News & Media

42%

Science

30%

Academia

12%

Less common in

Formal & Business

8%

Wiki

5%

Reference

3%

Ludwig's WRAP-UP

The phrase "financial assessment" is a commonly used and grammatically correct term that refers to the evaluation of financial status, performance, or needs. As evidenced by Ludwig AI, it appears frequently in various contexts, particularly in news, scientific, and academic domains. The phrase's purpose is to describe and inform, and its register is typically neutral to professional. When using "financial assessment", it's best to clearly define the scope to avoid overgeneralization and ensure a transparent evaluation. Alternatives like "economic evaluation" or "fiscal analysis" can be used depending on the specific context.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

economic evaluation

Focuses specifically on the economic aspects of the assessment.

fiscal analysis

Highlights the fiscal or governmental aspects of the analysis.

budgetary review

Emphasizes the review of budgetary items and implications.

monetary appraisal

Centers on the appraisal of monetary value and financial health.

financial audit

Suggests a formal audit process of financial records.

capital valuation

Highlights the valuation of capital assets and investments.

investment analysis

Focuses on the analysis of potential investment opportunities.

credit risk assessment

Specifies the assessment of credit-related risks.

solvency check

Implicates checking if the entity or the person has enough assets to cover long-term liabilities.

profitability analysis

Implies checking if the entity or the person is able to generate profit.

FAQs

How is a "financial assessment" used in a sentence?

A "financial assessment" is often used to determine the economic viability of a project or an individual's ability to meet financial obligations. For example, "The bank requires a thorough "financial assessment" before approving the loan".

What's the difference between "financial assessment" and "financial audit"?

A "financial assessment" is a broad evaluation of financial health or potential, while a "financial audit" is a formal, systematic examination of financial records to ensure accuracy and compliance.

What are some alternatives to "financial assessment"?

Depending on the context, you can use alternatives such as "economic evaluation", "fiscal analysis", or "budgetary review".

Why is a "financial assessment" important?

A "financial assessment" is crucial for making informed decisions about investments, loans, or resource allocation, as it provides a clear picture of the financial landscape and potential risks.