Financial assistance
Financial Assistance
Financial Assistance (pronunciation: /ˈfʌɪnænʃəl əˈsɪstəns/) refers to the provision of funds or resources by an organization or government to individuals or other organizations who are unable to meet their financial obligations or require support for specific projects or purposes.
Etymology
The term "financial assistance" is derived from the combination of two words. "Financial", which comes from the Latin word "financia", meaning "payment", and "assistance", which originates from the Latin word "assistere", meaning "to stand by or help".
Related Terms
- Financial Aid: A broad term that refers to any funds provided to individuals or organizations to support their financial needs. This can include grants, scholarships, loans, and work-study programs.
- Grant: A type of financial assistance that does not need to be repaid. Grants are often provided by governments, corporations, or foundations to support specific projects or initiatives.
- Loan: A type of financial assistance that must be repaid, usually with interest. Loans can be provided by banks, credit unions, or other financial institutions.
- Scholarship: A type of financial assistance provided to students based on academic or other achievements to help pay for their education.
- Subsidy: A type of financial assistance provided by the government to individuals or businesses to support specific industries or activities.
- Welfare: A type of financial assistance provided by the government to individuals or families in need. This can include food stamps, housing assistance, and healthcare benefits.
See Also
External links
- Medical encyclopedia article on Financial assistance
- Wikipedia's article - Financial assistance
This WikiMD article is a stub. You can help make it a full article.
Languages: - East Asian
中文,
日本,
한국어,
South Asian
हिन्दी,
Urdu,
বাংলা,
తెలుగు,
தமிழ்,
ಕನ್ನಡ,
Southeast Asian
Indonesian,
Vietnamese,
Thai,
မြန်မာဘာသာ,
European
español,
Deutsch,
français,
русский,
português do Brasil,
Italian,
polski