Definition of «access to money»

Usage examples

1. Ensuring access to money is essential for individuals to meet their basic needs, such as food, housing, and healthcare.
2. Access to money can be obtained through various means, such as earning a salary, receiving government assistance, or receiving financial support from family members.
3. Financial institutions, like banks and credit unions, play a crucial role in providing access to money by offering savings accounts, checking accounts, and loans.
4. In the business world, access to money is vital for companies to cover expenses, invest in new ventures, or expand their operations.
5. Opportunities for access to money have expanded with the rise of digital platforms, allowing people to access money remotely through online banking, mobile payment apps, or peer-to-peer lending platforms.
6. Lack of access to money can create financial hardships, limit options for individuals, and perpetuate economic inequalities.
7. In philanthropy and social initiatives, improving access to money for marginalized communities can contribute to reducing poverty and promoting social inclusion.