financial capacity
noun phraseUK /fɪˈnænʃəl kəˈpæsɪti/
US /fəˈnænʃəl kəˈpæsəti/
The amount of money a person or group has and can use.
The family checked their financial capacity before buying a new car.
RELATED WORDS
OTHER MEANINGS
2. The ability of a business to pay its costs and debts.
The bank reviewed the company's financial capacity before lending money.
3. The total money a government or organization can raise and spend.
The city's financial capacity limits how many new parks it can build.
4. A measure of how much someone can afford to borrow.
Her steady job increased her financial capacity for a home loan.