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Definitions from WordNet

Definitions from the Web

Finance Committee

Description:

The Finance Committee refers to a group of individuals responsible for overseeing and managing the financial affairs and budgetary matters of an organization, such as a company, non-profit, or government agency. The committee is typically composed of members with expertise in finance, accounting, and economics.

Senses:

Sense 1: The primary sense of the term "finance committee" refers to the specific committee formed within an organization to handle financial matters and make informed decisions regarding budget allocation, financial planning, investment strategies, and financial reporting.

Sense 2: In a broader context, "finance committee" can also pertain to a committee established by a legislative body, such as a city council or parliament, to examine and assess financial proposals, budgets, and tax regulations.

Sample Sentences:

Sense 1:

• The finance committee met today to discuss the annual budget.
• She was appointed as the chair of the finance committee due to her extensive financial expertise.
• The finance committee presented their recommendations for investment opportunities to the board of directors.

Sense 2:

• The finance committee of the city council reviewed the proposed tax reforms.
• Members of the parliament's finance committee have been scrutinizing the government's spending plans.
• I attended a public meeting held by the finance committee to voice my concerns over the new budget proposal.

Possible Related Products:

Below are some suggested books related to finance committee:

• Finance Committee Management: A Guide for Nonprofit CFOs
• Finance Committee Best Practices: A Guide for Nonprofits
• The Finance Committee Handbook: Making Fiscal Decisions