pattern

Advanced Vocabulary 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-disable

Review

flashcard-disable

Flashcards

spelling-disable

Spelling

quiz-disable

Quiz

Start learning
Advanced Words Needed for TOEFL

to vary or waver between two or more states or amounts

daily words
wordlist
Close
Sign in

to decline in amount or value in a sudden and rapid way

daily words
wordlist
Close
Sign in
to soar
[Verb]

to increase rapidly to a high level

Ex: The demand for electric cars is expected soar in the coming years as more people seek environmentally-friendly transportation options .
daily words
wordlist
Close
Sign in
convertible
[Adjective]

able to be changed from one form of currency, investment, or security into another

daily words
wordlist
Close
Sign in
extravagant
[Adjective]

costing a lot of money, more than the necessary or affordable amount

daily words
wordlist
Close
Sign in
fiscal
[Adjective]

relating to government revenue or public money, especially taxes

Ex: Fiscal responsibility is essential for maintaining the stability of the economy .
daily words
wordlist
Close
Sign in
overdue
[Adjective]

‌not paid, done, etc. within the required or expected timeframe

daily words
wordlist
Close
Sign in
alimony
[noun]

the money that is demanded by the court to be paid to an ex-spouse or ex-partner

Ex: The judge considered various factors in determining the amount alimony to be paid .
daily words
wordlist
Close
Sign in
arrears
[noun]

an unpaid debt that is past due

Ex: Sarah finally cleared her arrears by entering into a payment plan with the IRS , relieving her of a considerable financial burden .
daily words
wordlist
Close
Sign in

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

daily words
wordlist
Close
Sign in
incentive
[noun]

a payment or concession to encourage someone to do something specific

daily words
wordlist
Close
Sign in
audit
[noun]

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

daily words
wordlist
Close
Sign in
quotation
[noun]

a statement indicating the cost of a specific service or piece of work

daily words
wordlist
Close
Sign in
crunch
[noun]

a challenging situation caused by a shortage, such as time, money, or resources, that requires immediate attention or action

daily words
wordlist
Close
Sign in
dividend
[noun]

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

daily words
wordlist
Close
Sign in
ransom
[noun]

an amount of money demanded or paid for the release of a person who is in captivity

Ex: Hostage negotiations are delicate processes aimed at securing the safe release of captives without ransom.
daily words
wordlist
Close
Sign in
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

Ex: The arts organization relies on subsidies to fund its cultural programs and events .
daily words
wordlist
Close
Sign in
tariff
[noun]

a tax paid on goods imported or exported

Ex: Businesses are concerned about tariff increases that could impact their supply chain costs .
daily words
wordlist
Close
Sign in
usury
[noun]

the act of loaning money to others and demanding a very high interest rate

daily words
wordlist
Close
Sign in
liquidity
[noun]

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

daily words
wordlist
Close
Sign in

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

daily words
wordlist
Close
Sign in

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

Ex: Policymakers were puzzled by stagflation, as both inflation and unemployment rose .
daily words
wordlist
Close
Sign in

a corporation formed by merging different firms or businesses

daily words
wordlist
Close
Sign in

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

daily words
wordlist
Close
Sign in

an advertising television program that tries to promote a product by giving a lot of information about it in a supposedly objective manner

daily words
wordlist
Close
Sign in

the act of reducing or limiting something in order to reach financial stability

daily words
wordlist
Close
Sign in

a person who lends money to people, typically under illegal conditions, at a very high rate of interest

Ex: We heard stories of people who had borrowed loan sharks and suffered dire consequences as a result .
daily words
wordlist
Close
Sign in
magnate
[noun]

a wealthy, influential, and successful businessperson

daily words
wordlist
Close
Sign in
dog eat dog
[phrase]

(in business, politics, etc.) a situation in which the competition is so fierce that everyone is willing to do whatever it takes to be successful, even if it means harming others

daily words
wordlist
Close
Sign in
LanGeek
Download LanGeek app