Banking And Finance

noun the act of providing funding for a project or business

verb to provide funding for a project or business

• The company secured external financing to support their expansion plans.
• I'm looking into financing options for my new car.
• I need to figure out how to finance this project.
• His charisma was the financing behind his successful political campaign.

verb to settle or pay off (a debt), to convert assets into cash, to eliminate or wind up a business or organization

• The company decided to liquidate its assets in order to pay off its debts.
• I heard that the store is going to liquidate all their inventory with a huge sale.
• We need to liquidate these old clothes before we move to the new place.
• He had to liquidate his emotions and let go of the past to move forward.

noun a legal agreement by which a bank or other creditor lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt.

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• The couple applied for a mortgage to buy their first home.
• They took out a mortgage to buy the house.
• They got a home loan to purchase the property.
• The burden of the mortgage weighed heavily on their finances.