Question about 'education budget' and 'education finance'
Budget means the money that is available to an organization and a plan of how it will be spent over a period of time.
Finance means money used to run a business, an activity or a project.

I am not clear about the difference between the two sentences. I suppose both the two sentences are acceptable.

1. The education budget for the coming year is about $4 billion, which is much more than what people expected.
2. The education finance for the coming year is about $4 billion, which is much more than what people expected.

Which sentence do you think is more reasonable?

Question

Question about 'education budget' and 'education finance'
Budget means the money that is available to an organization and a plan of how it will be spent over a period of time.
Finance means money used to run a business, an activity or a project.

I am not clear about the difference between the two sentences. I suppose both the two sentences are acceptable.

1. The education  budget for the coming year is about $4 billion, which is much more than what people expected.
2. The education  finance for the coming year is about $4 billion, which is much more than what people expected.

Which sentence do you think is more reasonable?

Answer

Economically, Budget definition doesn't cover how it will be spent. It is defined as an estimation of the revenue and expenses over a specified period of time.
Finance is a confusing word. We have the verb to finance and the noun finance.
The verb to finance means to provide funding (money, machines, etc.) for a person or an enterprise to elaborate a project or to complete an activity.
The noun finance is actually related to the budget. It's defined as the management of an amount of money or simply the budget.
Back to the sentences, the first is obviously clear and correct literally and economically.
The second sentence is not correct because finance here is a noun and it means the managment of an amount of money, which is not correct knowing the meaning of the sentence.
So if you want to use the word finance and keep the same meaning, it should be like this :
The education is financed with about 4 billion $..

Answer

"Budget" is probably the word you are looking for here.  The second sentence is correct, but, to me, it suggests how the budget is paid.  I suggest thinking about the difference between the two words in terms of the verb "to finance."  A budget is financed by debt, a loan, taxes, a person, a town or something else.  "Budget" means exactly as you have defined it.

Answers · 4

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