utilize money

USAGE SUMMARY

The phrase "utilize money" is a correct and usable phrase in written English.
You can use it when referring to the act of spending money to achieve a goal or benefit. For example, "The company wisely chose to utilize money from its reserves to purchase new equipment."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

3 human-written examples

Since the parties assess schedules and proposed changes to solutions in terms of money, it is appropriate to utilize money transfers (side payments).

European Journal of Operational Research

"There is a strong political will in the Gulf to diversify the oil-dependent economy and actually utilize money available from oil revenues in new technologies," Erich Kaeser, chief executive of Siemens Middle East, which has a renewable energy team, said during an interview at the energy forum.

The New York Times

From a tax efficiency perspective, it's important to utilize money from different account types to mitigate our tax liability over time.

Forbes

Human-verified similar examples from authoritative sources

Similar Expressions

57 human-written examples

An adequate description of economic dynamics requires the introduction of a monetary system including default penalties and expectations in a society whose economy utilizes money and credit.

Yale University

In my lifetime, big business has operated at the expense of humanity -- pitting money against personal and planetary evolution, instead of utilizing money as a tool for growth, transformation, and the manifestation of our highest individual and collective potential.

Huffington Post

"In India, we spend the money, we don't utilize the money," says a researcher who preferred not to be named.

Science Magazine

However, it was reported that despite their involvement in collecting CHF there was no involvement by the district authority in deciding on how to utilize the money that had been collected, as one respondent said: " I don't know up to now how much money had been collected from my village; it is all kept at the district.

BMC Pregnancy and Childbirth

Are we going to utilize our money serving souls and serving people, and expanding the church in areas where the growth is?

The New York Times

Tech industry employees don't utilize their money for conspicuous consumption, BPO employees do.

Forbes

The point is: How do I utilize my money to have my best life now, tomorrow and in the future?

Forbes

So, customers investing in a for-profit business focus on the result, expecting that the company will utilize its money in the best way to increase profits.

Forbes

Expert writing Tips

Best practice

When discussing financial strategies or resource allocation, consider using "utilize money" to emphasize the purposeful and efficient use of funds to achieve specific objectives.

Common error

While "utilize" is a correct term, it can sound overly formal in casual conversations. Opt for simpler alternatives like "use" or "spend" when communicating informally to maintain a natural tone.

Linguistic Context

The phrase "utilize money" functions as a verb phrase where "utilize" is the verb, indicating the action of using something effectively, and "money" is the direct object. It describes the act of employing funds to achieve a goal. Ludwig provides examples where it is used in various contexts like investment and resource allocation.

Expression frequency: Uncommon

Frequent in

News & Media

33%

Science

33%

Formal & Business

33%

Less common in

Wiki

0%

Encyclopedias

0%

Social Media

0%

Ludwig's WRAP-UP

In summary, "utilize money" is a grammatically sound phrase used to describe the act of employing funds purposefully and efficiently. As confirmed by Ludwig, it is correct and applicable in various contexts. While "use money" is a simpler alternative, "utilize money" conveys a strategic approach to resource allocation. The phrase is most commonly found in news, scientific, and business domains, suggesting a professional register. Remember to consider your audience and the level of formality required when choosing between "utilize" and its alternatives. Overall, understanding the nuances of "utilize money" can help you communicate more effectively in financial and strategic discussions.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

employ funds

Replaces "utilize" with "employ", suggesting a more formal or strategic application of money.

use capital

Substitutes "money" with "capital", implying a business or investment context.

spend funds

Replaces "utilize" with "spend", focusing on the action of disbursement.

allocate resources

Expands the scope from just money to broader resources, implying a strategic distribution.

invest money

Specifically refers to using money for investment purposes, aiming for future returns.

manage finances

Focuses on the overall management of money, rather than just its utilization.

leverage funds

Suggests using money in a way that maximizes its impact or return, often implying risk.

channel money

Implies directing money towards a specific purpose or destination.

apply funding

Similar to "employ funds", but often used in the context of grants or project funding.

dispense funds

Highlights the act of distributing money, often from an organizational or official source.

FAQs

How can I use "utilize money" in a sentence?

You can use "utilize money" to describe the act of employing funds for a specific purpose. For example, "The company plans to "employ funds" from its profits to expand its operations".

What are some alternatives to "utilize money"?

Depending on the context, you can use alternatives such as "spend funds", "invest money", or "allocate resources".

Is there a difference between "use money" and "utilize money"?

While both phrases are similar, "utilize money" often implies a more strategic or efficient use of funds compared to simply "use money". It suggests a deliberate approach to maximize the benefits of the money spent.

When is it most appropriate to use the phrase "utilize money"?

The phrase "utilize money" is particularly fitting in professional, academic, or formal settings, such as business reports, financial analyses, or strategic planning documents, where a deliberate and efficient allocation of resources is being discussed.