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Essential Words Needed for the GRE - Money Doesn’t Grow on Trees!
Here you will learn some English words about finance, such as "audit", "undercut", "subsidy", etc. that are needed for the GRE exam.
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audit
[noun]
a formal inspection of a business's financial records to see if they are correct and accurate or not
voucher
[noun]
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
depression
[noun]
a time of little economic activity and high unemployment, which lasts for a long time
face value
[noun]
the stated value of something like money or a ticket; not considering its actual value
fluctuation
[noun]
the irregular or unpredictable variation in something over time, characterized by alternating changes
monetarism
[noun]
the theory or policy of controlling the amount of money in circulation as the preferred method of stabilizing the economy
overdraft
[noun]
a deficit in a bank account caused by withdrawing more money than is available
labor-intensive
[adjective]
related to a line of work that requires large groups of workers to be able to function
menial
[adjective]
(of work) not requiring special skills, often considered unimportant and poorly paid
sabbatical
[noun]
a paid time-off that a worker can take from their everyday job to rest, study, or travel; usually one year for every seven years of employment
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