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The phrase "financially devastating" is correct and usable in written English.
It is typically used to describe a situation or event that causes severe financial harm or loss. Example: The pandemic has been financially devastating for many small businesses, forcing some to close their doors permanently.
Exact(34)
As RCMP Sgt. Ken Derakhshan told Global News, falling for a financial scam can not only be financially devastating (because chances are you won't get that hard-earned dough back) but also psychologically devastating (cuz you were duped and that stings).
It could be "financially devastating" to the state, he warned.
"It has been a nightmare for the family, and financially devastating as well," she said.
Ms. Daly said that whatever the losses on "Sinbad," they would not be financially devastating.
The closure was financially devastating to Coalinga, which emerged in the 1890s after miners discovered a petroleum field.
As he walked around his house, Mr. Schneider insisted that the downturn, while financially devastating, has not changed his core values.
Similar(23)
Financially devastated and with little choice, the foundation supported Thursday's change.
The nurses were Tenet employees who could not get jobs after Memorial closed; they were financially devastated.
A Miami jury is about to render a verdict in a case that could financially devastate some cigarette producers.
"It would be unusual for you to have a pet health problem that would financially devastate you," Dr. Mason said.
"In contrast to what has been thus far largely assumed, the executives were richly rewarded for, not financially devastated by, their leadership of their banks during this decade," the Harvard Law team wrote.
More suggestions(15)
fiscally devastating
materially devastating
financially staggering
funding devastating
financially deadly
financially destroyed
financially crippling
financially devastated
financially calamitous
financially terrible
financially detrimental
financially ruinous
financially painful
financially disastrous
financially catastrophic
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com