Advanced Words Needed for TOEFL - Money and Business
Here you will learn some English words about money and business, such as "soar", "overdue", "quotation", etc. that are needed for the TOEFL exam.
Review
Flashcard
Spelling
Quiz
convertible
[adjective]
able to be changed from one form of currency, investment, or security into another
deregulatory
[adjective]
relating to the removal or reduction of governmental power or regulations from an industry, commodity, etc.
extravagant
[adjective]
costing a lot of money, more than the necessary or affordable amount
laissez-faire
[adjective]
relating to a policy in which private businesses are allowed to thrive without government control
alimony
[noun]
the money that is demanded by the court to be paid to an ex-spouse or ex-partner
audit
[noun]
a formal inspection of a business's financial records to see if they are correct and accurate or not
bailout
[noun]
an act of giving money to a foreign country, a failing company, or an organization on the verge of collapse to ensure their safety from bankruptcy
crunch
[noun]
a critical situation that arises because of a shortage (as a shortage of time or money or resources)
deflation
[noun]
(economics) a decrease in the amount of money in an economy, resulting in falling or unchanged prices
ransom
[noun]
an amount of money demanded or paid for the release of a person who is in captivity
subsidy
[noun]
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
liquidity
[noun]
financial assets in the form of money or able to be easily converted into money
monetarism
[noun]
the theory or policy of controlling the amount of money in circulation as the preferred method of stabilizing the economy
stagflation
[noun]
an economic situation with persistent high inflation and a high unemployment rate
infomercial
[noun]
an advertising television program that tries to promote a product by giving a lot of information about it in a supposedly objective manner
curtailment
[noun]
the act of reducing or limiting something in order to reach financial stability
outsourcing
[noun]
the process of having someone outside of a company provide goods or services for that company
loan shark
[noun]
a person who lends money to people, typically under illegal conditions, at a very high rate of interest
Download LanGeek app