From Longman Business Dictionaryfinancial centrefiˈnancial ˌcentre British English, financial center American EnglishFINANCE1[countable] a city where there are a lot of financial activities, such as banking and insurance. A financial centre may also have a stockmarket, currency market etcIf the UK does not enter the euro, it could harm London’s standing as an international financial centre.global financial centers such as London, Paris, Tokyo and Frankfurt2[countable] a city or country where there are fewer rules, less strict laws, lower taxes etcDublin is promoting itself as an offshore financial centre. → centre
