financial responsibility

[fɪˈnænʃəl rɪˌspɒnsəˈbɪləti]
noun phrasepl: financial responsibilities
responsabilidade financeira
1. The obligation to manage money and financial matters in a trustworthy and accountable manner, paying debts on time and making sound financial decisions
Taking financial responsibility means creating a budget and sticking to it.
Assumir responsabilidade financeira significa criar um orçamento e segui-lo.
2. Legal or moral duty to pay for damages, debts, or obligations incurred by oneself or another party
The insurance company accepted financial responsibility for the accident damages.
A companhia de seguros aceitou a responsabilidade financeira pelos danos do acidente.
3. The accountability and maturity demonstrated in handling personal or business finances prudently
Financial responsibility is a key trait employers look for in potential employees.
A responsabilidade financeira é uma característica fundamental que os empregadores buscam em candidatos.
In Brazil, financial responsibility is increasingly emphasized in educational curricula and corporate training programs due to historical economic volatility. In the USA, this concept is central to personal finance culture and credit system management. Both cultures view financial responsibility as essential to personal success and social credibility.
NYC Slang
keeping your money tight / handling your business
Synonyms / Sinônimos
financial accountabilityfiscal responsibilityfinancial obligationfinancial liability
Antonyms / Antônimos
financial irresponsibilityfiscal recklessnessfinancial negligence

Regional Variations

General Brazilian
responsabilidade financeira
Standard term used in financial and legal contexts across Brazil
Rio de Janeiro
responsabilidade financeira
Common in banking and insurance sectors; may use 'obrigação financeira' informally
São Paulo
responsabilidade financeira
Frequently used in business and corporate contexts; financial hub terminology
Portugal
responsabilidade financeira
Identical to Brazilian usage; universal in European Portuguese financial discourse

Related Words

financial accountabilitydebt managementfinancial literacyfiscal disciplinecreditworthiness

Related Idioms & Phrases

pay your dues
live within your means
put your financial house in order
financial maturity
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