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CEFR C1 Vocabulary - Lesson 60
Here you will learn some English words about money and finance, such as "bankrupt", "broke", "stake", etc. prepared for C1 learners.
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free market
[noun]
an economic system that is not operated by the government rather by free competition and supply and demand
market economy
[noun]
an economic system in which private businesses determine production, prices, and salaries not the government
to hoard
[verb]
to gather and store a large supply of food, money, etc., usually somewhere secret
extravagant
[adjective]
costing a lot of money, more than the necessary or affordable amount
to level off
[verb]
to reach a state of balance and stability after a time of rising or falling
fundraising
[noun]
the process or provision of financial aid for something such as a charity or cause, usually through holding special events
depression
[noun]
a time of little economic activity and high unemployment, which lasts for a long time
index
[noun]
a system that provides the amount of prices, costs, etc. so that one can compare them with their previous value
to privatize
[verb]
to change the ownership of an industry, service, or business from public to private
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