financial sector

USAGE SUMMARY

"financial sector" is a correct and usable phrase in written English.
For example, you could say "The financial sector has grown dramatically in the past decade."

✓ Grammatically correct

News & Media

Formal & Business

Science

Human-verified examples from authoritative sources

Exact Expressions

59 human-written examples

The financial sector declined.

The New York Times

The financial sector closed lower.

The New York Times

Then, there's the financial sector.

The New Yorker

Or the financial sector.

The Guardian - Lifestyle

Naturally, the financial sector hates it.

The New York Times

First, the financial sector remains dislocated.

The Economist

For services to the financial sector.

Independent

Nor are many in the financial sector.

The Economist

Swedish banks dominate the Baltic financial sector.

The Economist

"The financial sector is deleveraging.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

1 human-written examples

Still, the financial-sector meltdown could affect future earnings.

Forbes

Expert writing Tips

Best practice

When discussing economic policy or market trends, use "financial sector" to maintain a neutral and professional tone. It's widely understood and avoids potential bias.

Common error

Avoid attributing specific actions or impacts to the entire "financial sector" without specifying which institutions or activities are involved. For example, instead of saying "the financial sector caused the crisis", be more precise: "risky lending practices by subprime mortgage lenders contributed to the crisis".

Linguistic Context

The phrase "financial sector" primarily functions as a noun phrase, identifying a specific segment of the economy. As Ludwig AI illustrates, it's often the subject or object of sentences discussing economic trends, regulations, or performance. Ludwig confirms its grammatical correctness and widespread use.

Expression frequency: Very common

Frequent in

News & Media

54%

Formal & Business

25%

Science

21%

Less common in

Ludwig's WRAP-UP

The phrase "financial sector" is a grammatically correct and very common noun phrase used to describe the part of the economy composed of financial services firms. As Ludwig AI indicates, it’s widely used across news, business, and academic contexts. When writing about this topic, it's best to use the term "financial sector" to maintain a neutral and professional tone and be specific when attributing actions or impacts to the sector. Alternatives like "banking industry" or "investment community" can be used for narrower contexts.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

finance industry

A more concise term for the financial sector.

banking industry

Focuses specifically on banks and their activities, a subset of the broader financial sector.

banking system

Similar to banking industry but emphasizes the interconnected nature of banks.

financial services industry

Emphasizes the services provided by the sector, such as investment and insurance.

investment community

Highlights the investment aspect of the sector, often referring to investors and investment firms.

capital markets

Refers to the markets where capital is raised and traded, a key component of the financial sector.

lending institutions

Specifically denotes institutions that offer loans, a functional aspect of the financial sector.

monetary system

Encompasses the broader system of money and credit, including but not limited to the financial sector.

economic infrastructure

Highlights the role of the financial sector as a fundamental part of the economy's structure.

Wall Street

Colloquial term referring to the American financial sector.

FAQs

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

You can use "financial sector" to describe the part of the economy made up of firms that provide financial services to commercial and retail customers. For example: "The government is implementing new regulations for the "financial sector" to prevent another economic crisis".

What are some alternatives to using "financial sector"?

Depending on the context, you can use alternatives like "banking industry", "financial services industry", or "investment community". The best choice depends on the specific aspect you want to emphasize.

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

"Financial sector" is more common and generally preferred in formal writing. While "finance sector" is understandable, "financial sector" provides slightly more clarity and precision.

What's the difference between "financial sector" and "banking sector"?

"Financial sector" is a broader term that includes banks, insurance companies, investment firms, and other financial service providers. "Banking sector" refers specifically to banks and their activities, making it a subset of the broader "financial sector".