Money-reliant
Money-reliant describes a person, organization, or system heavily dependent on financial resources for its functioning, survival, or success. This dependence can manifest in various ways, including relying on income to cover basic needs, operating through investments or grants, or being susceptible to financial fluctuations. The term underscores the vulnerability that arises when an entity's existence is contingent on the availability and management of funds. It can highlight the lack of self-sufficiency and the potential for instability if financial support is disrupted. This condition often necessitates careful financial planning and the securing of diverse revenue streams.
Money-reliant meaning with examples
- The small, non-profit organization was entirely money-reliant, dependent on grants and donations to fund its community outreach programs. Their survival was a constant struggle, as fundraising efforts were frequently impacted by economic downturns, leading to program cuts and staff layoffs. They tirelessly sought sustainable funding models to reduce this financial vulnerability.
- After losing her job, she found herself money-reliant, navigating a challenging period of unemployment while depending on savings and government assistance. This experience highlighted the importance of a strong financial safety net and forced her to make difficult choices to manage her expenses and seek new opportunities.
- The art gallery’s business model was inherently money-reliant; its existence depended on the sale of artworks and the generosity of patrons. They diversified by organizing events and workshops, but the volatile art market left them vulnerable, as sales fluctuated dramatically with changing economic trends.
- Many developing nations are money-reliant on foreign aid to fund essential services like healthcare and education. This dependence creates complex political relationships and leaves them vulnerable to the priorities and decisions of donor countries, which often undermines local agency.
