Vocabulary for IELTS (Academic) - Economics

an arrangement according to which a bank keeps and protects someone's money that can be taken out or added to

the total amount of something that is produced, as in agriculture or an industry

the money that is put into a business or financial activity to gain profit

the sum of money that is available to a person, an organization, etc. for a particular purpose and the plan according to which it will be spent

the type or system of money that is used by a country

(economics) to lose value suddenly and significantly

the act of managing large sums of money, especially by governments or corporations

money or property owned by a person or company that is used for investment or starting a business

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

the amount of money that one has kept for future use, especially in a bank

the sum of money that is gained after all expenses and taxes are paid

the value of a company's assets minus its liabilities, divided by the number of outstanding shares

(economics) an unprocessed material that can be traded in different exchanges or marketplaces