it was financed

USAGE SUMMARY

The phrase "it was financed" is correct and usable in written English.
You can use it when discussing the funding or financial support of a project, initiative, or purchase. Example: "The new community center was built with the help of a grant; it was financed by local government funds."

✓ Grammatically correct

News & Media

Encyclopedias

Science

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

The company no longer exists, but at its inception it was financed by Paul Allen, a Microsoft co-founder.

The New York Times

For 179 years, mail delivery was managed by the Post Office Department; it was financed by tax revenue, and its leader held a cabinet-level position.

The New York Times

But it was financed by the March of Dimes Foundation and its millions of contributors.

The New York Times

It was financed by the developer Related Cos. as part of its deal with the city and county to build retail and residential complexes on Bunker Hill.

Los Angeles Times

It was financed independently and made collaboratively.

The New York Times

Much of it was financed by debt.

The Economist

It was financed by the National Institutes of Health.

The New York Times - Health

It is also how it was financed.

The New York Times

Some said it was financed by pornographers.

The New York Times

It was financed by an anonymous donor.

The New York Times

It was financed entirely by Yellow Submarine!

The Guardian - Film

Expert writing Tips

Best practice

When using "it was financed", clearly state the source of the financing to provide context and credibility. For example, "The project was financed by a grant from the National Science Foundation."

Common error

Avoid using "it was financed" without specifying who or what provided the funding. This lack of clarity can weaken your statement and raise questions about potential bias or hidden agendas.

Linguistic Context

The phrase "it was financed" functions as a passive construction, indicating that something received financial support. As Ludwig AI indicates, the phrase is grammatically correct and usable. The examples show how it's used to describe how various projects, studies, and organizations received funding.

Expression frequency: Very common

Frequent in

News & Media

88%

Encyclopedias

6%

Science

6%

Less common in

Wiki

0%

Formal & Business

0%

Academia

0%

Ludwig's WRAP-UP

In summary, the phrase "it was financed" is a grammatically correct and commonly used passive construction that explains how something received its funding. According to Ludwig AI, the phrase is correct and usable in written English. It appears most frequently in news and media sources and serves to inform the audience about the financial origins of a project, study, or organization. For enhanced clarity, be sure to specify the source of the financing. Alternative expressions include "it was funded" or "it was supported financially". By providing clear context, you enhance the credibility and impact of your writing.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

it was funded

Replaces 'financed' with 'funded', a direct synonym emphasizing the provision of funds.

it was supported financially

Elaborates on the type of support, specifying that it was financial.

funds were allocated to it

Shifts the focus to the allocation of funds rather than the act of financing.

it received funding

Highlights the reception of funds, altering the sentence structure.

it was underwritten

Uses a more formal term, 'underwritten', implying a guarantee of financial support.

it was bankrolled

Employs 'bankrolled', suggesting a more substantial or complete financial backing.

financial backing was provided for it

Rephrases to emphasize the provision of financial backing.

resources were provided for it

Broadens the scope to include any type of resources used.

its expenses were covered

Focuses on the covering of expenses rather than the overall financing.

it secured investment

Highlights that the project gained investment as its source of funding.

FAQs

How can I use "it was financed" in a sentence?

Use "it was financed" to indicate how something was paid for. For example: "The movie "it was financed" by private investors." or "The research project "it was financed" by government grants."

What are some alternatives to "it was financed"?

You can use alternatives such as "it was funded", "it was supported financially", or "funds were allocated to it" depending on the nuance you want to convey.

Is it better to say "it was financed" or "it was funded"?

Both ""it was financed"" and "it was funded" are correct and often interchangeable. "Financed" might imply a more structured or complex financial arrangement, while "funded" is a more general term for providing money.

What does "it was financed independently" mean?

"It was financed independently" means that the project, venture, or entity received its financial backing from non-traditional sources, like individuals or private companies, rather than from major institutions or government agencies.