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Where do I place the above phrase. My view is In essence, you put at the front of a sentence and essentially, you put in the last bit of a sentence as it is an adverbial.

e.g. You borrowed $100K to acquire shares in XYZ company and on the same day I actually sold my $100K shares in XYZ company being all my shares held in XYZ coy.

So, I'd say, . You borrowed $100K to acquire shares in XYZ company, in essence my disposed shares were bought by you entirely.

Original Post

Hi, Cristi,

Your question above is somewhat confusing, but one thing is clear — I wouldn't use "in essence" or even "essentially" but "in practice":

You borrowed $100K to acquire shares in XYZ company and on the same day I sold my $100K holding of shares in XYZ company, so in practice we can say that the shares I disposed of ended up being bought by you. (A rather simplistic view of stock market operations)

Finally, please note that "in essence" and "essentially" are not always interchangeable ("essentially" is more usual than "in essence"). As to their position, they can both be sentence adverbials (in which case they usually appear in front position) or be placed before the word you want to reinforce (in this case, "essentially" might be more usual than "in essence"):

- In essence, they are the same.
- Essentially, they are the same.
- They are essentially the same.
- They are the same in essence.
- They are the same, essentially.

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