Word Network: 财政的

The management of revenues, expenditures, and debt, especially of a government or public body. It is a vital term for IELTS Academic Task 2 essays on government spending.

An estimate of income and expenditure for a set period of time, or to plan how much money will be spent.

To allocate or provide funds for a specific purpose, or the funds themselves. Commonly appears in IELTS topics about research funding or government spending.

The money that the government collects from people and businesses based on their income or the value of their property.