What's the difference between economical and financial?

Economical


Definition:

  • (a.) Pertaining to the household; domestic.
  • (a.) Relating to domestic economy, or to the management of household affairs.
  • (a.) Managing with frugality; guarding against waste or unnecessary expense; careful and frugal in management and in expenditure; -- said of character or habits.
  • (a.) Managed with frugality; not marked with waste or extravagance; frugal; -- said of acts; saving; as, an economical use of money or of time.
  • (a.) Relating to the means of living, or the resources and wealth of a country; relating to political economy; as, economic purposes; economical truths.
  • (a.) Regulative; relating to the adaptation of means to an end.

Example Sentences:

  • (1) The recent rise in manufacturing has been welcomed by George Osborne as a sign that his economic policies are bearing fruit.
  • (2) An “out” vote would severely disrupt our lives, in an economic sense and a private sense.
  • (3) Of course the job is not done and we will continue to remain vigilant to all risks, particularly when the global economic situation is so uncertain,” the chancellor said in a statement.
  • (4) The west Africa Ebola epidemic “Few global events match epidemics and pandemics in potential to disrupt human security and inflict loss of life and economic and social damage,” he said.
  • (5) He had been extremely frustrated that indicators of economic recovery over the past few days had been drowned out by the clamour over the Labour leadership.
  • (6) "There is … a risk that the political, trade, and gas frictions with Russia could lead to strong deterioration in economic relations between the two countries, with a significant drop in Ukraine's exports to and imports from Russia.
  • (7) There was a 35% decrease in the number of patients seeking emergency treatment and one study put the savings in economic and social costs at just under £7m a year .
  • (8) It is widely seen as a counter to China’s economic might in Asia, and the world’s second largest economy is notably absent from the list of signatories.
  • (9) From the social economic point of view nosocomial infections represent a very important cost factor, which could be reduced to great deal by activities for prevention of nosocomial infection.
  • (10) He said Germany was Russia’s most important economic partner, and pointed out that 35% of German gas originated in Russia.
  • (11) "These developments are clearly unwarranted on the basis of economic and budgetary fundamentals in these two member states and the steps that they are taking to reinforce those fundamentals."
  • (12) It did the job of triggering growth, but it also fueled real-estate speculation, similar to what was going on in the mid-2000s here.” Slowing economic growth may be another concern.
  • (13) October 23, 2013 3.55pm BST Another reason to be concerned about the global economy - Canada's central bank has slashed its economic forecasts for the US.
  • (14) The district’s $110bn of economic activity went up by 22% since 2007, outpacing city growth by 9% during the same period.
  • (15) Socio-economic improvement or behavioural changes appear necessary for the control of trachoma in endemic areas.
  • (16) Biomass and crops for animals are as damaging as [burning] fossil fuels.” The recommendation follows advice last year that a vegetarian diet was better for the planet from Lord Nicholas Stern , former adviser to the Labour government on the economics of climate change.
  • (17) To safeguard its long-time regional ally, Iran gave full political, economic and military backing to the embattled Syrian president.
  • (18) Based on the economics of most countries in Africa, their Health Budgets can afford mostly the non-opioid and strong opioid drugs in more or less adequate quantities.
  • (19) He elaborates: "Republicans use powerful economic wedge issues to great impact.
  • (20) Documents seen by the Guardian show that blood supplies for one fiscal year were paid for by donations from America’s Office of Foreign Disaster Assistance (OFDA) and Britain’s Department for International Development (DfID) – and both countries have imposed economic sanctions against the Syrian government.

Financial


Definition:

  • (a.) Pertaining to finance.

Example Sentences:

  • (1) It would be fascinating to see if greater local government involvement in running the NHS in places such as Manchester leads over the longer term to a noticeable difference in the financial outlook.
  • (2) Senator Bernie Sanders of Vermont, who is also seeking the Democratic presidential nomination, recently proposed a bill that would ease the financial burden of prescription drugs on elderly Americans by allowing Medicare, the national social health insurance program, to negotiate with the pharmaceutical companies to keep prices down.
  • (3) Businesses fleeing Brexit will head to New York not EU, warns LSE chief Read more Amid attempts by Frankfurt, Paris and Dublin to catch possible fallout from London, Sir Jon Cunliffe said it was highly unlikely that any EU centre could replicate the services offered by the UK’s financial services industry.
  • (4) A failure to reach a solution would potentially leave 200,000 homes without affordable cover, leaving owners unable to sell their properties and potentially exposing them to financial hardship.
  • (5) The Department for International Development (DfID) defines funding provided under the VUP as "financial aid to government".
  • (6) Finally, before the advent of the third-party payment, operations were avoided because of the financial burden.
  • (7) The findings provide additional evidence that, for at least some cases, the likelihood of a physician's admitting a patient to the hospital is influenced by the patient's living arrangements, travel time to the physician's office, and the extent to which medical care would cause a financial hardship for the patient.
  • (8) It added that the crisis had highlighted significant weaknesses in financial regulation, with further measures needed to strengthen supervision.
  • (9) Private landowners are able to use property guardians to minimise their tax bills and, although it is hard to estimate, the potential financial loss to councils is substantial.
  • (10) "The level of the financial penalty to be imposed in this case should be sufficient to act as an effective incentive [to all broadcast licence holders] to continue to provide all elements of their respective licensed services throughout the licensed period, even if the licensee believes that there are commercial reasons for it to cease providing all or part of the licensed service during the licence period," the regulator added.
  • (11) However, Pearson is understood to have believed an offer from News Corporation to buy Penguin outright would not have been financially viable.
  • (12) According to the report filed by the New York state department of financial services (NYSDFS), when warned by a US colleague about dealings with Iran, a Standard Chartered executive caustically replied: "You f---ing Americans.
  • (13) The legs of that argument were cut off by the financial crisis.
  • (14) Given the financial crisis this government inherited, we had no choice but to make significant savings.
  • (15) Uncertainty and risk concerns remain in financial markets.
  • (16) It is the combination of his company's pan-African and industrialist vision – reminiscent of the aspirations of African independence pioneers like Ghana's Kwame Nkrumah – and its relentless financial growth that has set Dangote apart.
  • (17) Yet private student loans – given out by banks and financial institutions to the students who can’t get a federal loan – don’t get as much attention as the federal system.
  • (18) BAE is likely to have made provision for much heavier penalties and its financial stability will not be threatened.
  • (19) Only 23% provided any financial support to younger generations.
  • (20) When you have champions of financial rectitude such as the International Monetary Fund and OECD warning of the international risk of an "explosion of social unrest" and arguing for a new fiscal stimulus if growth continues to falter, it's hardly surprising that tensions in the cabinet over next month's spending review are spilling over.