What context can I use each word in?
Learn when and how to use these words with these examples!
economy
Example
The economy of the country is growing rapidly. [economy: noun]
Example
We need to practice economy in our household expenses. [economy: noun]
finance
Example
She works in finance and manages the company's investments. [finance: noun]
Example
He is studying finance in college to become a financial analyst. [finance: noun]
Good things to know
Which word is more common?
Economy is a more commonly used term than finance in everyday language, as it is a broader concept that affects many aspects of society. However, finance is a more specialized field that is commonly used in business and financial contexts.
What’s the difference in the tone of formality between economy and finance?
Finance is generally considered a more formal term than economy, as it is often used in professional and academic settings. Economy is more versatile and can be used in both formal and informal contexts.
