CEFR C1 Vocabulary - Lesson 60

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

a place in which shares and stocks are traded

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

not having any money

an amount of money invested in a business; a share or part in a business, system, etc. that may yield money

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

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

a payment or concession to encourage someone to do something specific

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

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

to move or change in an irregular or unpredictable way

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

to reach a state of balance and stability after a time of rising or falling

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

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

a balanced state between opposing influences or powers

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

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

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

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

a group of shares that a person or organization owns

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.

one dollar

a five-cent coin of Canada and the US

a ten-cent coin of Canada and the US

the stage or point of highest quality, activity, success, intensity, etc.

of no real value, use, or importance

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

a share in something monetary

already paid for

of great value or importance

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

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

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

a tax paid on goods imported or exported

an accountant's profession or tasks

to give emotional or financial support to someone or something

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

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