significant financial commitment

USAGE SUMMARY

The phrase "significant financial commitment" is correct and usable in written English.
You can use it when discussing the level of investment or resources required for a project, purchase, or agreement. Example: "Before proceeding with the merger, we need to assess the significant financial commitment involved."

✓ Grammatically correct

News & Media

Science

Formal & Business

Academia

Encyclopedias

Human-verified examples from authoritative sources

Exact Expressions

26 human-written examples

NBCUniversal made a "significant financial commitment" to L.A. 2028 as part of the agreement, but declined to reveal the amount.

The New York Times - Sports

First, the incoming administration must make a significant financial commitment towards research and development of clean energy technologies.

MIT Technology Review

The Yankees are also talking to the Colorado Rockies about starter Pedro Astacio; it would be an acquisition that would require a significant financial commitment.

The New York Times - Sports

"Unfortunately, the proposal may not allow the owners enough time to resolve uncertainties facing the plant before they will be required to make a significant financial commitment".

The New York Times

Michelle Mitchell, the charity director of Age UK, said: "We welcome the changes that have been made, they have listened to our concerns and we appreciate that it is a significant financial commitment from the government at a difficult time.

The Guardian - Money

Gina Lubin, founder and creative director of Du Verre hardware, is sponsoring all five tours, which represents a significant financial commitment for a small company (other sponsors include Miele, Poggenphol and Blanco).

The Guardian

Human-verified similar examples from authoritative sources

Similar Expressions

34 human-written examples

Executives close to the consortium led by the management team of the Seagram's division said the consortium decided to abandon its plan despite lining up significant financial commitments from investors in Europe.

The New York Times

Solving climate change will require the West and East to co-operate, moving beyond carbon-based fuels and investing in the transition to renewables and clean technologies.The commercialisation of these renewables has attracted multinational energy and engineering firms to initiate significant financial commitments.

The Economist

Traditionally pensions have required extensive internal committee review and approval of significant financial commitments in, or changes to, their investments.

Journal of Organization Design

Dudley also made reference to his "company’s ability to meet [its] significant financial commitments arising from the Gulf of Mexico tragedy," where a BP rig operated by Transocean caused the worst oil spill in the Gulf's history.

Forbes

In 2012 we saw great progress in global health, most notably the audible and significant financial commitments made to expand family planning efforts, and we saw India celebrate one year without a single case of polio.

Huffington Post

Expert writing Tips

Best practice

Before using the expression, consider if the word "significant" is redundant and can be avoided without making the phrase less precise. If the number of money invested is very high, there is no need to say "significant".

Common error

Avoid using "significant financial commitment" for relatively small or routine expenditures. This can diminish the impact of the phrase when describing truly substantial investments. Ensure that commitment is genuinely significant.

Linguistic Context

The phrase "significant financial commitment" functions primarily as a noun phrase, acting as the subject or object in a sentence. It describes a financial obligation or investment of considerable importance. Ludwig AI confirms its correct usage in various contexts.

Expression frequency: Common

Frequent in

News & Media

50%

Formal & Business

17%

Science

14%

Less common in

Academia

6%

Encyclopedias

3%

Reference

0%

Ludwig's WRAP-UP

In summary, "significant financial commitment" is a versatile phrase that functions as a noun phrase denoting a considerable financial obligation or investment. Ludwig AI confirms that is considered grammatically correct and suitable for various contexts, including news, business, and academic settings. While alternatives like "substantial monetary investment" or "major financial undertaking" exist, the key is to ensure the phrase's usage aligns with the actual scale and impact of the financial undertaking. Avoiding overstatement and quantifying the commitment whenever possible will enhance clarity and credibility when communicating about "significant financial commitment".

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

significant economic investment

Highlights the act of investing financially and replaces "commitment" with "investment".

substantial monetary investment

Replaces "financial commitment" with a more explicit term for money, "monetary investment" and exchanges "significant" for "substantial".

major financial undertaking

Substitutes "commitment" with "undertaking" implying a project or endeavor with financial implications and exchanges "significant" for "major".

considerable capital expenditure

Replaces "financial commitment" with a business term, emphasizing the spending of capital, replacing "significant" with "considerable".

sizeable monetary pledge

Emphasizes the act of promising money with "monetary pledge" replacing "financial commitment" and replacing "significant" with "sizeable".

large fiscal obligation

Highlights the compulsory nature of the financial aspect using "fiscal obligation" instead of "financial commitment", replacing "significant" with "large".

heavy economic burden

Shifts the focus to the impact, portraying it as a "heavy economic burden" instead of a commitment, replacing "significant" with "heavy".

serious funding allocation

Replaces "financial commitment" with a more formal term, emphasizing resource allocation and replacing "significant" with "serious".

notable budgetary provision

Replaces "financial commitment" with a term emphasizing inclusion in a budget and replacing "significant" with "notable".

substantial resource allocation

Focuses on the allocation of resources with a financial implication; replaces "financial commitment" with "resource allocation" and exchanges "significant" with "substantial".

FAQs

How can I use "significant financial commitment" in a sentence?

You can use "significant financial commitment" to describe investments or obligations. For example: "The project requires a "significant financial commitment" from all stakeholders."

What are some alternatives to "significant financial commitment"?

Alternatives include "substantial monetary investment", "major financial undertaking", or "considerable capital expenditure", depending on the context.

Is it better to say "significant financial commitments" or "significant financial commitment"?

The choice depends on whether you are referring to one large commitment (commitment) or multiple commitments (commitments). "The company made several "significant financial commitments" this year" implies multiple investments, and "The company has made a "significant financial commitment" for its green transition program" means just one commitment.

What's the difference between a "significant financial commitment" and a "substantial financial commitment"?

While both phrases are similar, "significant" emphasizes the importance or impact, while "substantial financial commitment" highlights the size or amount of the commitment. They are often interchangeable.