financial duty

USAGE SUMMARY

The phrase "financial duty" is correct and usable in written English.
It can be used when referring to a responsibility or obligation related to financial matters, such as debts, payments, or fiscal responsibilities. Example: "As a business owner, I have a financial duty to ensure that all my employees are paid on time."

✓ Grammatically correct

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

4 human-written examples

But the Bush administration says it may have already done its financial duty, having spent about $1 billion a month on the war.

The New York Times

Meanwhile, the two men do not speak, and their lawyers claw at each other in court, trading charges over breach of contract, trademark infringement, deceptive business practices and breach of financial duty.

The New York Times - Food

Museum officials said that as they ponder the validity of claims, they must also weigh their financial duty to trustees, donors and the general public, which supports such collections through tax benefits and sometimes direct government support.

The New York Times - Arts

There were charges over breach of contract, trademark infringement, deceptive business practices and breach of financial duty, and court skirmishes over Mr. Tourondel's legal right to put caramel syrup and Twinkies into the milkshakes of his new restaurants as he began to fly solo.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

53 human-written examples

Along with clerical and financial duties, it also looks after IT.

The Economist

The Pritzkers contend that Ernst & Young failed in its financial duties to Superior.

The New York Times

Acerbic, cranky and totally believable, Stanley doesn't hide his resentment about his paternal and financial duties.

The New York Times

Mr. Henderson's financial duties will be taken over by Ray Young, who will become executive vice president and chief financial officer.

The New York Times

The cardinal focused on the business and financial duties of his office, erasing what he says was a $48 million budget gap left by his predecessor, Cardinal John J. O'Connor.

The New York Times

GPs will be obliged to take on these responsibilities and will not be able to opt out, which may not please those who wish to concentrate on patient care and not have extra managerial and financial duties.

The Guardian

Hildebrand supported William the Conqueror's invasion of England in 1066, and, because his obligations as archdeacon also included judicial and financial duties, he began to build up armed groups of papal supporters known as the militia of St. Peter (Latin: milites Petri).

Encyclopedia Britannica

Expert writing Tips

Best practice

When discussing legal or ethical requirements concerning money, use "financial duty" to clearly convey the obligation.

Common error

Avoid using "financial duty" to describe minor monetary tasks. It's more appropriate for significant responsibilities like managing a budget or ensuring regulatory compliance.

Linguistic Context

The phrase "financial duty" primarily functions as a noun phrase, often acting as the subject or object of a sentence. Ludwig examples show its use in describing responsibilities, such as a museum's duty to its trustees or an individual's obligations.

Expression frequency: Rare

Frequent in

News & Media

75%

Formal & Business

25%

Science

0%

Less common in

Encyclopedias

0%

Wiki

0%

Social Media

0%

Ludwig's WRAP-UP

In summary, "financial duty" is a noun phrase that describes a formal obligation or responsibility related to monetary or fiscal matters. Ludwig AI confirms the phrase is grammatically correct. It appears primarily in news and business contexts, indicating a neutral to professional register. While its overall frequency is rare, understanding its proper use can enhance clarity when discussing obligations, responsibilities, and accountabilities within financial contexts. Alternatives like "fiscal responsibility" and "monetary obligation" can provide similar meanings depending on the specific nuance desired.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

fiscal responsibility

Emphasizes the responsibility aspect, particularly in managing finances effectively.

monetary obligation

Highlights the binding nature of the financial requirement.

financial responsibility

Focuses on the accountability associated with managing funds.

economic obligation

Broadens the scope to include all economic responsibilities, not just immediate financial ones.

pecuniary duty

Uses more formal language to convey financial obligations.

financial accountability

Highlights the need to answer for financial actions and decisions.

duty of care in finance

Specifies that the duty involves careful and responsible management of financial matters.

fiscal accountability

Emphasizes the need to be accountable regarding the use of public money.

monetary burden

Highlights the onerous aspect of financial responsibilities.

financial commitments

Shifts the focus to ongoing obligations and pledges.

FAQs

How can I use "financial duty" in a sentence?

You can use "financial duty" to describe someone's responsibility related to money. For example: "As a trustee, he has a "financial duty" to protect the assets."

What is a synonym for "financial duty"?

Synonyms for "financial duty" include "financial responsibility", "monetary obligation", and "fiscal responsibility".

Is "financial duty" the same as "fiduciary duty"?

While both terms relate to responsibilities, "fiduciary duty" specifically refers to a legal obligation to act in another party's best interest, often in a financial context. "Financial duty" is a broader term.

What's the difference between "financial duty" and "financial burden"?

"Financial duty" refers to a responsibility or obligation, while "financial burden" refers to a hardship or difficulty caused by financial obligations.