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Definitions from the Web

Financial Assistance

Description:

Financial assistance refers to providing support, aid, or resources to individuals or organizations facing financial difficulties. It is typically offered by governments, non-profit organizations, or institutions to help people overcome financial challenges and improve their economic well-being.

Senses:

1. Governmental Financial Assistance:

Financial aid provided by the government to individuals or businesses to alleviate economic hardships, promote development, or address specific needs. It can include programs such as welfare, unemployment benefits, grants, or subsidies.

2. Non-Profit Financial Assistance:

Financial help provided by non-profit organizations to individuals or communities in need. These organizations often focus on various sectors like education, health, housing, or disaster relief, providing grants or loans to aid in improving financial stability.

3. Institutional Financial Assistance:

Financial support provided by institutions like universities or colleges to students who require assistance to pursue education. This can include scholarships, grants, or loans specifically designed to alleviate the burden of educational expenses.

4. Personal Financial Assistance:

Informal financial aid provided by individuals or families to their friends or relatives during times of financial hardship. This can involve providing loans, gifts, or other means of support to assist in covering expenses.

Sample Sentences:

1. She applied for financial assistance to pay for her college tuition.
2. The government offers financial assistance to small businesses affected by the pandemic.
3. The local non-profit organization provides financial assistance to low-income families for housing repairs.
4. His uncle provided financial assistance to help him start his own business.

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