financial center
4
3.3
- noun
- /faɪˈnænʃəl ˈsɛntər/
- US
:
centro financiero
- London has long been recognized as a global financial center for international trading and banking.
- international financial center
- leading financial center
- network of financial centers
And I'm oversimplifying, but at the end of the day, in Within a generation, Dubai became one of the top international financial centers of the world.
- And I'm oversimplifying, but at the end of the day, in Within a generation, Dubai became one of the top international financial centers of the world.
Examples
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By the 1920s, Shanghai was one of the largest financial centers in the world, with a population of 2.5 million.
Academic text (2006) -
The two cities and their metropolitan regions both serve as significant ports, manufacturing, and financial centers.
Academic text (2006) -
The role of the global financial centers.
Academic text (2007) -
When they need to raise external funds, they can turn to New York, London, or any number of other financial centers.
Academic text (2001) -
Although Britain had lost her industrial primacy, the City of London remained the financial center of the world.
Academic text (1991) -
It was sort of the financial center of Asia at the time.
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Chinese policymakers are serious about making Shanghai an international financial center by 2020.
Academic text (2009) -
Hong Kong developed into an economic and financial center in the 1980s and 1990s, whereas Macau did not develop beyond a parochial level.
Academic text (1999) -
Zurich is also one of the world's largest financial centres, despite having a population of less than 2 million, with global firms like UBS and Credit Suisse.
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In the heart of New York City, Wall Street is considered a major financial center where many banks are located.
How Commercial
Surface Forms
Morphology
The meaning 'area of a city where banks and other financial institutions are concentrated' is directly and transparently derived from combining 'financial' (connected with money) with 'center' (a place providing services). This is a regular, compositional noun–noun phrase common across languages and standard English, so a B1 learner who knows both constituents can readily infer the MWE's meaning.
Etymology
Financial center combines financial (about money) and center (a busy place in a city). Think of a spot where banks, traders and money companies gather and the money moves like traffic. That's why it means 'the area of a city where banks and other financial institutions are concentrated'.