financially viable

USAGE SUMMARY

"financially viable" is a correct and usable phrase in written English.
You can use it when talking about a situation or a plan that will generate enough money or profits to be maintainable and successful. For example, "The company's new plan is to expand into new markets, and they believe it is financially viable."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

To sum up, the financial viability indicators revealed that the processing unit is financially viable.

International Journal of Energy and Environmental Engineering

Is Superfund financially viable currently?

The New York Times

They weren't seen as financially viable.

Independent

Windmill farms must be large to be financially viable.

The New York Times

"Anything that grows within 30 days is financially viable.

The Guardian - Business

Already it is financially viable only in England and Australia.

Independent

The Program will be financially viable and self-sustaining even under adverse conditions.

University of California, Berkeley

Connelly said he needed to receive at least 700 entries to make the competition financially viable.

The Guardian

"January's feed-in tariff cuts mean that new projects are not financially viable.

The Guardian

To have 24 professional clubs in England, to my mind, is not a financially viable option".

The Guardian - Sport

A three-year deal would provide insufficient subsidy to make upgrading old coal plants financially viable.

The Guardian

Expert writing Tips

Best practice

When assessing a business plan, use "financially viable" to demonstrate that the proposed venture can generate sufficient revenue to cover its expenses and provide a return on investment. This term is particularly useful in formal settings where precision is important.

Common error

Avoid using "financially viable" solely based on short-term gains. Ensure that your analysis considers potential future expenses, market changes, and other long-term factors that could impact the financial health of the project or business.

Linguistic Context

The phrase "financially viable" functions as an adjective phrase used to describe something's capacity to sustain itself financially. It typically modifies nouns like "business", "project", or "plan", indicating its ability to generate sufficient revenue. Ludwig AI confirms that the phrase is grammatically correct and commonly used.

Expression frequency: Very common

Frequent in

News & Media

42%

Science

30%

Formal & Business

28%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "financially viable" is a frequently used and grammatically sound adjective phrase that describes the ability of something to sustain itself economically. Ludwig AI confirms its widespread use in various contexts. It appears most commonly in news, scientific, and formal business settings. When using the phrase, consider its focus on sustainability over mere profitability, and be mindful of long-term implications. Alternatives like "economically sustainable" or "fiscally sound" can provide nuanced alternatives, depending on the intended meaning.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

economically sustainable

Focuses on long-term economic endurance rather than immediate profitability.

fiscally sound

Implies a stable and responsible financial state.

commercially feasible

Highlights the practicality of achieving financial success through commerce.

profit-making

Directly emphasizes the ability to generate profit.

self-supporting

Stresses the capacity to maintain itself without external financial assistance.

revenue-generating

Emphasizes the capacity to produce income.

marketable

Focuses on whether something can be sold successfully.

solvent

Suggests having enough money to pay debts.

paying

Indicates that something is profitable or rewarding.

viable

A general term for being capable of working successfully. The difference is in specifying 'financially'.

FAQs

How can I use "financially viable" in a sentence?

You can use "financially viable" to describe projects, businesses, or plans that are capable of generating enough revenue to cover costs and remain sustainable. For example, "The proposed solar farm is "financially viable" due to government subsidies and high energy demand".

What are some alternatives to saying "financially viable"?

Depending on the context, you can use alternatives such as "economically sustainable", "fiscally sound", or "commercially feasible". Each alternative has a slightly different nuance.

What makes a business "financially viable"?

A business is considered "financially viable" when it generates enough income to cover its expenses, pay its debts, and provide a reasonable return on investment. This often involves careful planning, cost management, and effective marketing strategies.

Is there a difference between "financially viable" and "profitable"?

While related, "financially viable" implies sustainability and the ability to cover costs, while "profitable" specifically refers to generating more revenue than expenses. A project can be "financially viable" without being highly profitable, as long as it remains self-sustaining.