금융

geumyung
nounIntermediate
💰Finance
formal

The management and movement of money, including banking, investments, and financial services.

금융 기관은 경제 성장을 촉진하는 데 중요한 역할을 한다.

Financial institutions play a crucial role in promoting economic growth.

💡

In Korean, '금융' encompasses all aspects of financial management, including personal finance, corporate finance, and public finance.

Collocations

금융 시장financial market금융 기관financial institution금융 정책financial policy

Synonyms

Related Phrases

금융 위기phrase
financial crisis
금융 자유화phrase
financial liberalization

💡Pro Tip

Common Usage

'금융' is often used in compound words like '금융감독원' (Financial Services Commission) and '금융기관' (financial institution).

Gold Rule

Formal vs. Informal

While '금융' is formal, '재정' can be used in less formal contexts, though '금융' is more commonly understood.

📖Word Origin

Derived from the Sino-Korean characters '金' (gold) and '融' (to melt or blend), originally referring to the handling of precious metals but now encompassing all financial activities.

📝Usage Notes

While '금융' is a formal term, it is widely used in both professional and everyday contexts in Korea. In informal speech, '재정' (finance) may sometimes be used interchangeably.

Word Breakdown

gold
root
+
to melt or blend
root
한영사전