financial center

Economic activity hub

A financial center is a city or district where banking, investment, and other money-related institutions concentrate.

Major financial centers like New York, London, and Hong Kong house stock exchanges, headquarters of major banks, and trading operations.

Singapore has emerged as a leading financial center in Asia.

The term can also describe a specific district: Wall Street is America's financial center.

Opposites
urban centrality vs periphery

financial centerremote village

Distant, small settlement

hinterland · rural area · provincial town · countryside · periphery

economic sector dominance

financial centerfarming community

Settlement centered on cultivation

mining town · fishing village · factory town · manufacturing hub · industrial town

economic importance

financial centeremerging market

Industrializing nation's financial system

failed state · subsistence economy · barter economy

Family

center, central, finance, finances, financial, financing, centered, centers, centering

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Concrete · Everyday, not technical · Rated G