Financed

/ˈfɪn.ænst/ verb

Definition

Provided money for something or arranged for money to be lent for a purpose.

Etymology

From Old French 'finer' (to pay a debt), possibly from Latin 'finis' (end, boundary). It entered English in the 17th century during the expansion of banking systems.

Kelly Says

The word 'financed' is fairly modern because the concept of arranging credit for big purchases is itself recent—most of human history, you either had money or you didn't.

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