A moneybag refers to a person or entity possessing a significant amount of wealth, often implied to be used or available for use, particularly for investment, financial support, or charitable endeavors. The term frequently carries connotations of substantial financial resources and is sometimes used to denote someone who is exceptionally rich, a benefactor, or a funding source. This person could use their moneybag status for power and influence or to help the society they live in. The term is often employed in literature, journalism, and everyday conversation to describe an individual or organization with considerable financial assets.
Moneybag meaning with examples
- The philanthropist, a true moneybag in the city, funded the construction of a new children's hospital, transforming the lives of many families. His generosity, stemming from his significant wealth, was widely celebrated throughout the community. He regularly used his moneybag to help make sure people got the resources they needed to live healthy lives.
- The political campaign heavily relied on the support of a prominent moneybag, whose substantial donations allowed for extensive advertising and outreach efforts. His financial backing fueled the candidate's visibility and increased their chances of success in the election. The moneybag status of the donor, however, also drew scrutiny from the media and public alike.
- The venture capital firm, known for its astute investment strategies, was considered a major moneybag in the tech startup world. Their financial infusions provided critical funding for promising new companies, accelerating innovation and industry growth. The moneybag of the firm opened opportunities for entrepreneurs and helped make people rich.
- The university's endowment fund, managed by a dedicated team, was a substantial moneybag, generating income used to support scholarships, research projects, and faculty salaries. The fund's growth over time ensured the institution's continued financial stability and ability to attract top talent. Being a moneybag was a great help.
- After the natural disaster, international aid organizations stepped forward, many of them known moneybags, to provide emergency relief and long-term rebuilding assistance. Their financial resources were vital in providing basic necessities, medical care, and infrastructure development in the affected region. It showed being a moneybag can be used for the common good.
Moneybag Crossword Answers
5 Letters
PURSE