English Words for "Money and Finance" | C1 Vocabulary

free market

noun

/fɹˈiː mˈɑːɹkɪt/

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an economic system that is not operated by the government rather by free competition and supply and demand

Example

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In a free market economy, prices are determined by supply and demand rather than government intervention.

The country's transition to a free market system led to increased competition and economic growth.

Grammatical Information:

compound noun

stock exchange

noun

/stˈɑːk ɛkstʃˈeɪndʒ/

a place in which shares and stocks are traded

Grammatical Information:

compound noun

bankrupt

Adjective

b

a

æ

n

k

r

u

ə

p

t

(of organizations or people) legally declared as unable to pay their debts to creditors

broke

Adjective

b

r

o

oʊ

k

e

having little or no financial resources

stake

noun

s

t

a

eɪ

k

e

an amount of money invested in a business

market economy

noun

/mˈɑːɹkɪt ɪkˈɑːnəmi/

an economic system in which private businesses determine production, prices, and salaries not the government

non-market economy

Grammatical Information:

compound noun

earnings

noun

ea

ɜ

r

n

i

ɪ

n

g

s

z

(always plural) money received for work done or services provided

incentive

noun

i

ɪ

n

c

s

e

ɛ

n

t

i

ɪ

v

e

a payment or concession to encourage someone to do something specific

to hoard

Verb

h

oa

ɔ

r

d

to gather and store a large supply of food, money, etc., usually somewhere secret

Grammatical Information:

transitive

extravagant

Adjective

e

ɛ

x

ks

t

r

a

æ

v

a

ə

g

a

ə

n

t

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

to fluctuate

Verb

f

l

u

ə

c

k

t

ʧ

u

w

a

eɪ

t

e

to vary or waver between two or more states or amounts

Grammatical Information:

intransitive

to freeze

Verb

f

r

ee

i

z

e

to legally prevent money, property, or a bank account from being used or sold

unblock

Grammatical Information:

transitive

to level off

Verb

/lˈɛvəl ˈɔf/

to reach a stable or steady state after a period of fluctuation or change

Grammatical Information:

Phrasal Status

inseparable

phrase's verb

level

phrase's particle

off

fundraising

noun

f

u

ə

n

d

r

ai

eɪ

s

i

ɪ

n

g

the process or provision of financial aid for something such as a charity or cause, usually through holding special events

depression

noun

d

e

ɪ

p

r

e

ɛ

ss

ʃ

io

ə

n

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

equilibrium

noun

e

i

q

k

u

w

i

ə

l

i

ɪ

b

r

iu

iə

m

a balanced state between opposing influences or powers

disequilibrium

monopoly

noun

m

o

ə

n

o

ɑ

p

o

ə

l

y

i

a situation in which one organization or entity exclusively controls the production, distribution, or trade of a product or service, making other rivals unable to compete

merger

noun

m

e

ɜ

r

g

ʤ

e

ɜ

r

the joining of two companies or organizations together to form a larger one

donor

noun

d

o

oʊ

n

o

ɜ

r

someone or something that gives money, clothes, etc. to a charity for free

index

noun

i

ɪ

n

d

e

ɛ

x

ks

a system that provides the amount of prices, costs, etc. so that one can compare them with their previous value

portfolio

noun

p

o

ɔ

r

t

f

o

oʊ

l

io

ioʊ

a group of shares that a person or organization owns

near-field communication

noun

/nˌɪɹfˈiːld kəmjˌuːnɪkˈeɪʃən/

a technology that allows short-range data transfer between cell phones and other electronic devices to do things such as paying for a purchase, etc.

Grammatical Information:

compound noun

buck

noun

b

u

ʌ

ck

k

one dollar

nickel

noun

n

i

ɪ

ck

k

e

ə

l

a five-cent coin of Canada and the US

dime

noun

d

i

aɪ

m

e

a ten-cent coin of Canada and the US

peak

noun

p

ea

i

k

the topmost point on a graph that indicates the highest level reached during a progression or development

worthless

Adjective

w

o

ɜ

r

th

θ

l

e

ə

ss

s

having no meaningful value, impact, or utility

valuable

costly

Adjective

c

k

o

ɑ

s

t

l

y

i

costing much money, often more than one is willing to pay

cut

noun

c

k

u

ʌ

t

a share in something monetary

prepaid

Adjective

/pɹiˈpeɪd/

already paid for

priceless

Adjective

p

r

i

aɪ

c

s

e

l

e

ə

ss

s

having great value or importance

to privatize

Verb

p

r

i

ɪ

v

a

ə

t

i

aɪ

z

e

to change the ownership of an industry, service, or business from public to private

quotation

noun

q

k

u

w

o

oʊ

t

a

eɪ

t

ʃ

io

ə

n

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

What is a "quotation"?

A quotation is a statement that provides an estimate of the cost for a specific service or piece of work. It details the anticipated price based on the requirements and scope of the project or service. A quotation typically includes a breakdown of costs and any terms or conditions associated with the price. It is used to inform clients or customers of the expected expenses before committing to the work or service.

subsidy

noun

s

u

ə

b

s

i

ɪ

d

y

i

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

tariff

noun

t

a

ɛ

r

i

ə

ff

f

a tax paid on goods imported or exported

accountancy

noun

a

ə

cc

k

o

a

u

ʊ

n

t

a

ə

n

c

s

y

i

an accountant's profession or tasks

to back

Verb

b

a

æ

ck

k

to provide money or resources to support a business, project, or person

to consolidate

Verb

c

k

o

ə

n

s

o

ɑ

l

i

ɪ

d

a

eɪ

t

e

to merge several financial accounts, debts, funds, into one

Grammatical Information:

transitive

to deposit

Verb

d

e

ə

p

o

ɑ

s

z

i

ɪ

t

to put an amount of money or other item of value into a bank account

withdraw

Grammatical Information:

transitive

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You learned 39 words from Lesson 60. To improve learning and review vocabulary, start practicing.

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