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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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CEFR C1 Vocabulary
free market
[noun]
an economic system that is not operated by the government rather by free competition and supply and demand
daily words
wordlist
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stock exchange
[noun]
a place in which shares and stocks are traded
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bankrupt
[adjective]
(of organizations or people) legally declared as unable to pay their debts to creditors
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broke
[adjective]
having little or no financial resources
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stake
[noun]
an amount of money invested in a business
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market economy
[noun]
an economic system in which private businesses determine production, prices, and salaries not the government
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earnings
[noun]
(always plural) money received for work done or services provided
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incentive
[noun]
a payment or concession to encourage someone to do something specific
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to hoard
[verb]
to gather and store a large supply of food, money, etc., usually somewhere secret
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extravagant
[adjective]
costing a lot of money, more than the necessary or affordable amount
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to fluctuate
[verb]
to vary or waver between two or more states or amounts
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to freeze
[verb]
to legally prevent money, property, or a bank account from being used or sold
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to level off
[verb]
to reach a state of balance and stability after a time of rising or falling
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fundraising
[noun]
the process or provision of financial aid for something such as a charity or cause, usually through holding special events
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depression
[noun]
a time of little economic activity and high unemployment, which lasts for a long time
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equilibrium
[noun]
a balanced state between opposing influences or powers
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monopoly
[noun]
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
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merger
[noun]
the joining of two companies or organizations together to form a larger one
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donor
[noun]
someone or something that gives money, clothes, etc. to a charity for free
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index
[noun]
a system that provides the amount of prices, costs, etc. so that one can compare them with their previous value
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portfolio
[noun]
a group of shares that a person or organization owns
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near-field communication
[noun]
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.
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buck
[noun]
one dollar
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nickel
[noun]
a five-cent coin of Canada and the US
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dime
[noun]
a ten-cent coin of Canada and the US
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peak
[noun]
the stage or point of highest quality, activity, success, intensity, etc.
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worthless
[adjective]
not having value, use, or importance
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costly
[adjective]
costing much money, often more than one is willing to pay
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cut
[noun]
a share in something monetary
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prepaid
[adjective]
already paid for
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priceless
[adjective]
having great value or importance
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to privatize
[verb]
to change the ownership of an industry, service, or business from public to private
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quotation
[noun]
a statement indicating the cost of a specific service or piece of work
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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
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tariff
[noun]
a tax paid on goods imported or exported
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accountancy
[noun]
an accountant's profession or tasks
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to back
[verb]
to give emotional or financial support to someone or something
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to consolidate
[verb]
to merge several financial accounts, debts, funds, into one
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to deposit
[verb]
to put an amount of money or other item of value into a bank account
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