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Vocabulario Esencial para el GRE - ¡El Dinero No Crece en los Árboles!

Aquí aprenderás algunas palabras en inglés sobre finanzas, como "audit", "undercut", "subsidy", etc. que se necesitan para el examen GRE.

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Essential Words Needed for the GRE
audit
audit
[Sustantivo]

a formal inspection of a business's financial records to see if they are correct and accurate or not

auditoría

auditoría

Ex: The company underwent an audit to ensure compliance with financial regulations. 
bankroll
bankroll
[Sustantivo]

the total amount of money a person or business has for spending or investing

efectivo

efectivo

Ex: The company increased its bankroll for the new project. 
bankruptcy
bankruptcy
[Sustantivo]

a situation in which a person or business is unable to pay due debts

bancarrota

bancarrota

Ex: The company declared bankruptcy after years of financial losses. 
voucher
voucher
[Sustantivo]

a digital code or a printed piece of paper that can be used instead of money when making a purchase or used to receive a discount

cupón

cupón

Ex: She received a gift voucher for her favorite restaurant as a birthday present. 
to undercut

to demand a lower price than one's rivals

vender más barato que, vender a precios más bajos que

vender más barato que, vender a precios más bajos que

Ex: In a competitive market, businesses may undercut their rivals to attract price-sensitive customers. 
treasury
treasury
[Sustantivo]

the funds and resources that a country or organization controls

tesorería, erario

tesorería, erario

Ex: The government announced a new budget for the national treasury. 
tax evasion
tax evasion
[Sustantivo]

the illegal acts done to pay less tax than what is owed or to avoid paying taxes altogether

evasión fiscal

evasión fiscal

Ex: The wealthy businessman was convicted of tax evasion after it was discovered that he had hidden millions of dollars in offshore accounts. 
taxation
taxation
[Sustantivo]

the system by which a government collects money from citizens and businesses to fund public services

impuestos

impuestos

Ex: Taxation is necessary to fund public schools and hospitals. 
tariff
tariff
[Sustantivo]

a tax paid on goods imported or exported

tarifa

tarifa

Ex: The government imposed a tariff on imported steel to protect domestic producers. 
subsidy
subsidy
[Sustantivo]

an amount of money that a government or organization pays to lower the costs of producing goods or providing services so that prices do not increase

subvención, subsidio

subvención, subsidio

Ex: The government provides subsidies to farmers to support agricultural production and maintain food security. 
stagflation
stagflation
[Sustantivo]

an economic situation with persistent high inflation and a high unemployment rate

estanflación

estanflación

Ex: The country experienced stagflation, with prices rising and jobs disappearing. 
collateral
collateral
[Sustantivo]

a loan guarantee that may be taken away if the loan is not repaid

garantía

garantía

Ex: When securing a loan, the bank often requires borrowers to provide collateral, such as real estate or vehicles, to mitigate the risk of default. 
contingency
contingency
[Sustantivo]

the funds that are set aside for unforeseen expenses that may arise in the future

fondo para imprevistos

fondo para imprevistos

Ex: The company allocated a portion of its budget as a contingency to cover unexpected costs, such as equipment repairs or legal fees. 
cryptocurrency
cryptocurrency
[Sustantivo]

a digital or virtual form of currency secured by cryptography

criptomoneda

criptomoneda

Ex: Bitcoin is a popular type of cryptocurrency. 
depression
depression
[Sustantivo]

a time of little economic activity and high unemployment, which lasts for a long time

depresión

depresión

Ex: The Great Depression of the 1930s saw widespread unemployment and severe economic hardship. 
equity
equity
[Sustantivo]

the value of an asset after deducting all claims, debts, or liens against it

patrimonio neto

patrimonio neto

Ex: After paying off the mortgage, they had $120,000 in equity in their home. 
face value
face value
[Sustantivo]

the obvious meaning or worth of something, without looking deeper

valor nominal

valor nominal

Ex: He took the promise at face value without questioning it. 
fiscal
fiscal
[Adjetivo]

relating to government revenue or public money, especially taxes

fiscal

fiscal

Ex: The government faces challenges in balancing fiscal priorities while addressing social needs. 
fluctuation
fluctuation
[Sustantivo]

the irregular or unpredictable variation in something over time, characterized by alternating changes

fluctuación

fluctuación

Ex: The stock market experienced significant fluctuations last week. 
incentive
incentive
[Sustantivo]

a payment or concession to encourage someone to do something specific

incentivo

incentivo

Ex: The company offered a bonus as an incentive for employees who exceeded their sales targets. 
liquidity
liquidity
[Sustantivo]

financial assets in the form of money or able to be easily converted into money

liquidez

liquidez

Ex: The company maintained high liquidity to cover unexpected expenses. 
monetarism
monetarism
[Sustantivo]

the theory or policy of controlling the amount of money in circulation as the preferred method of stabilizing the economy

monetarismo

monetarismo

Ex: Monetarism emphasizes the role of monetary policy over fiscal policy. 
overdraft
overdraft
[Sustantivo]

a deficit in a bank account caused by withdrawing more money than is available

descubierto, saldo deudor

descubierto, saldo deudor

Ex: The bank charged a fee for the overdraft on her account. 
to quote
to quote
[Verbo]

to estimate how much money something will cost

ofrecer, dar

ofrecer, dar

Ex: The contractor quoted us $10,000 for the kitchen renovation. 
commodity
commodity
[Sustantivo]

(economics) an unprocessed material that can be traded in different exchanges or marketplaces

materia prima

materia prima

Ex: Oil has long been a highly valued commodity on the global market, influencing economies and politics. 
conglomerate
conglomerate
[Sustantivo]

a corporation formed by merging different firms or businesses

conglomerado

conglomerado

Ex: The conglomerate expanded its operations by acquiring companies in various industries such as technology, healthcare, and consumer goods. 
dividend
dividend
[Sustantivo]

an amount of money paid regularly to the shareholders of a company

dividendo

dividendo

Ex: The company announced a quarterly dividend of $1 per share. 
proprietor
proprietor
[Sustantivo]

the owner of a property or business

propietario

propietario

Ex: The proprietor of the bookstore greeted every customer personally. 
subsidiary
subsidiary
[Sustantivo]

a business company controlled or owned by a holding or parent company

filial

filial

Ex: The tech giant acquired a new subsidiary to expand its product line. 
venture
venture
[Sustantivo]

a business activity that is mostly very risky

emprendimiento

emprendimiento

Ex: They started a new venture in the tech industry, knowing the risks. 
artisan
artisan
[Sustantivo]

a skilled craftsperson who creates objects partly or entirely by hand

artesano

artesano

Ex: The artisan crafted beautiful pottery by hand. 
labor-intensive
labor-intensive
[Adjetivo]

related to a line of work that requires large groups of workers to be able to function

trabajoso

trabajoso

Ex: Farming is a labor-intensive industry, especially during harvest season. 
menial
menial
[Adjetivo]

(of work) not requiring special skills, often considered unimportant and poorly paid

de baja categoría

de baja categoría

Ex: She took a menial job to support herself during college. 
painstaking
painstaking
[Adjetivo]

requiring a lot of effort and time

meticuloso

meticuloso

Ex: She conducted a painstaking investigation to uncover the truth behind the mysterious disappearance. 
sabbatical
sabbatical
[Sustantivo]

a paid leave from work, often taken every seven years, for study or personal growth

año sabático, período sabático

año sabático, período sabático

Ex: She took a sabbatical to write her novel. 
taxing
taxing
[Adjetivo]

demanding or requiring a considerable amount of effort and energy to deal with

difícil, arduo

difícil, arduo

Ex: The marathon was a taxing experience for all the runners. 
tedious
tedious
[Adjetivo]

boring and repetitive, often causing frustration or weariness due to a lack of variety or interest

tedioso, aburrido

tedioso, aburrido

Ex: The tedious task of filing paperwork made the afternoon drag on. 
minute
minute
[Sustantivo]

a written record summarizing the proceedings and decisions made

minuta

minuta

Ex: She was responsible for taking the minute during the meeting. 
hectic
hectic
[Adjetivo]

extremely busy and chaotic

agitado

agitado

Ex: The office was always hectic during the end of the month with deadlines approaching. 
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