fiscal soundness

USAGE SUMMARY

'fiscal soundness' is correct and usable in written English.
You can use it in a sentence to refer to the financial stability of a government, company or individual. For example, "Experts praised the fiscal soundness of the country's economy."

✓ Grammatically correct

News & Media

Formal & Business

Science

Human-verified examples from authoritative sources

Exact Expressions

55 human-written examples

Mr. O'Neill says he "jumped in, arguing sharply that the government 'is moving toward a fiscal crisis,' " pointing out "what rising deficits will mean to our economic and fiscal soundness".

The New York Times - Books

But he worries about the fiscal soundness of some municipalities in this recession.

The New York Times

This fiscal soundness would encourage companies to invest in the state.

The New Yorker

Authorizers demand evidence of academic and fiscal soundness before a charter is issued.

The New York Times

"The Republicans are bringing a continuation of their reckless tax cutting binge that they are on, to undermine the fiscal soundness of the country," Ms. Pelosi said.

The New York Times

How about criticizing the outrageous waste of the taxpayer's money and calling on the government to cut costs to put us on the road to fiscal soundness?

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

5 human-written examples

The code contains transparency requirements to provide assurances to the public and to capital markets that a sufficiently complete picture of the structure and finances of government is available so as to allow the soundness of fiscal policy to be reliably assessed.

Huffington Post

Jens Weidmann, president of the Bundesbank, the German central bank, argued Monday that the core problem in the euro zone was a lack of faith in the soundness of governments' fiscal health.

The New York Times

"Affording state taxpayers standing to press such challenges simply because their tax burden gives them an interest in the state treasury, " Roberts wrote, "would interpose the federal courts as virtually continuing monitors of the wisdom and soundness of state fiscal administration, contrary to the more modest role Article III envisions for federal courts".

The New Yorker

In an indication that the International Monetary Fund will take a more active role in the fight against corruption, countries agreed for the first time to have their fiscal integrity, and not just the soundness of their finances, measured by the IMF.

The Guardian

As Obama's Fiscal Commission prepares for its June 30 hearing, the Roosevelt Institute's New Deal 2.0 blog invited me to participate in its Social Security's Fiscal Fitness series, which examines the soundness of the program, its relationship to the federal deficit, and the vital role it plays in America's economic future.

Huffington Post

Expert writing Tips

Best practice

In corporate reports or financial analyses, use "fiscal soundness" to highlight the company's ability to meet its financial obligations and maintain a healthy financial position.

Common error

While phrases like "financial health" and "financial stability" are similar, "fiscal soundness" specifically implies a robust and well-managed financial state, particularly suited for describing larger entities like governments or organizations. Using a simpler term might not fully capture the intended meaning.

Linguistic Context

The phrase "fiscal soundness" primarily functions as a noun phrase, often serving as the object of a sentence or following a linking verb. It describes a state of being, indicating a positive condition related to financial matters. Ludwig confirms that the expression is correct and usable in written English.

Expression frequency: Very common

Frequent in

News & Media

72%

Formal & Business

13%

Science

11%

Less common in

Encyclopedias

2%

Academia

2%

Reference

0%

Ludwig's WRAP-UP

In summary, "fiscal soundness" is a grammatically correct and frequently used term to describe the financial stability and health of an entity, particularly governments or organizations. As noted by Ludwig, the phrase is appropriate for professional and neutral registers, prominently featured in news, business and scientific contexts. While alternatives like "financial stability" and "fiscal responsibility" exist, "fiscal soundness" specifically conveys a sense of robust and responsible financial management. Therefore, understanding its nuances and appropriate usage ensures clear and effective communication in financial discussions.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

financial stability

Focuses on the stability aspect of finances rather than the overall health.

fiscal responsibility

Highlights the responsibility aspect of managing finances.

financial health

Emphasizes the health of finances, similar to a person's physical health.

sustainable finances

Focuses on maintaining financial stability over a long period.

economic stability

Broader term including multiple economic factors not just finances.

sound financial management

Highlights the management practices that lead to fiscal well-being.

solvent financial state

Highlights being able to pay debts and maintain a positive financial standing.

prudent fiscal policy

Focuses on the policies that ensure financial responsibility.

budgetary discipline

Stresses the importance of sticking to a budget for financial stability.

economic resilience

Implies an ability to recover quickly from financial difficulties.

FAQs

How to use "fiscal soundness" in a sentence?

"Fiscal soundness" is typically used to describe the financial stability of an organization, government, or system. For example, "The government's policies aimed to improve the nation's "fiscal soundness"".

What can I say instead of "fiscal soundness"?

You can use alternatives like "financial stability", "financial health", or "fiscal responsibility" depending on the context.

Which is correct, "fiscal soundness" or "financial soundness"?

Both terms are valid, but "fiscal soundness" is generally preferred when referring to governmental or organizational finances, while "financial soundness" is more broadly applicable.

What's the difference between "fiscal soundness" and "economic stability"?

"Fiscal soundness" specifically relates to the health and stability of a government's or organization's finances. "Economic stability" is a broader term encompassing all aspects of a region's or nation's economy, not just its finances.