Finance Department
/ˈfaɪnæns dɪˈpɑrtmənt/
Definitions
- (n.) A division within an organization responsible for managing financial activities, including budgeting, accounting, and financial reporting.
The finance department prepared the annual budget for the corporation.
- (n.) A governmental office or agency charged with overseeing public funds, taxation, and fiscal policy.
The finance department proposed new tax regulations to the legislature.
Forms
- finance department
- finance departments
Related terms
See also
Commentary
In legal documents, specifying 'finance department' clarifies the responsible office for financial governance, which may vary by organizational structure or jurisdiction.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.