English vocabulary Money Doesn’t Grow on Trees!

audit

/ˈɔdɪt/

noun

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

Examples

bankroll

/ˈbæŋˌkɹoʊɫ/

noun

a roll of currency notes (often taken as the resources of a person or business etc.)

Examples

bankruptcy

/ˈbæŋkɹəpsi/, /ˈbæŋkɹəptsi/

noun

a situation in which a person or business is unable to pay due debts

Examples

voucher

/ˈvaʊtʃɝ/

noun

a digital code or a printed piece of paper that can be used instead of money when making a purchase or used to receive a discount

Examples

to undercut

/ˈəndɝˌkət/

verb

sell cheaper than one's competition

Examples

treasury

/ˈtɹɛʒɝi/

noun

the funds of a government or institution or individual

Examples

tax evasion

/tˈæks ɪvˈeɪʒən/

noun

the offense of not paying taxes

Examples

taxation

/tækˈseɪʃən/

noun

the imposition of taxes; the practice of the government in levying taxes on the subjects of a state

Examples

tariff

/ˈtɛɹəf/

noun

a tax paid on goods imported or exported

Examples

subsidy

/ˈsəbsɪdi/

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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stagflation

/stæɡˈfɫeɪʃən/

noun

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

Examples

collateral

/kəˈɫætɝəɫ/

noun

something pledged as a guarantee for a loan that will be forfeited if the loan is not repaid

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contingency

/kənˈtɪndʒənsi/

noun

*** ‌a sum of money that you keep for additional payments

Examples

cryptocurrency

/kɹˈɪptəkˌɜːɹənsi/

noun

*** any system of electronic money, used for buying and selling online and without the need for a central bank

Examples

depression

/dɪˈpɹɛʃən/

noun

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

Examples

equity

/ˈɛkwəti/

noun

the monetary value of a property that remains after all due debts or the mortgages are paid

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Examples

Now you have negative equity and owe the bank almost $400,000.

You still have $100,000 in equity in your home, and you have $240,000 to spend.

face value

/fˈeɪs vˈæljuː/

noun

the apparent worth as opposed to the real worth

Examples

fiscal

/ˈfɪskəɫ/

adjective

relating to government revenue or public money, especially taxes

Examples

fluctuation

/ˌfɫəktʃuˈeɪʃən/

noun

the quality of being unsteady and subject to changes

Examples

incentive

/ˌɪnˈsɛnɪv/, /ˌɪnˈsɛntɪv/

noun

a payment or concession to encourage someone to do something specific

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Examples

Over time, the incentive to survive led people to develop devices that would fix these impaired conditions.

liquidity

/ɫɪˈkwɪdəti/, /ɫɪˈkwɪdɪti/

noun

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

Examples

monetarism

/ˈmɑnətɝˌɪzəm/

noun

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

Examples

overdraft

/ˈoʊvɝˌdɹæft/

noun

a draft in excess of the credit balance

Examples

to quote

/ˈkwoʊt/

verb

name the price of

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Examples

You're gonna quote me, yes, that's not how that works.

And then a couple of days later or the next day I quote tweeted it

Profiles can include photos, quotes, inside jokes, and lists of their favorite bands and TV shows.

commodity

/kəˈmɑdəti/

noun

(economics) a basic product or raw material that can be purchased or sold

Examples

conglomerate

/kənˈɡɫɑmɝət/

noun

a corporation formed by merging different firms or businesses

Examples

dividend

/ˈdɪvɪˌdɛnd/

noun

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

Examples

proprietor

/pɹəˈpɹaɪətɝ/

noun

the owner of a property or business

Examples

subsidiary

/səbˈsɪdiˌɛɹi/

noun

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

Examples

venture

/ˈvɛntʃɝ/

noun

a business activity that is mostly very risky

Examples

artisan

/ˈɑɹtəzən/

noun

a person whose job requires special skills and making things using hands

Examples

labor-intensive

/lˈeɪbɚɹɪntˈɛnsɪv/

adjective

requiring a large expenditure of labor but not much capital

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menial

/ˈminiəɫ/

adjective

(of work) not requiring special skills, often considered unimportant and poorly paid

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painstaking

/ˈpeɪnˌsteɪkɪŋ/

adjective

requiring, involving, or done with a lot of effort and care

Examples

sabbatical

/səˈbætɪkəɫ/

noun

a leave usually taken every seventh year

Examples

taxing

/ˈtæksɪŋ/

adjective

not easily borne; wearing

Examples

tedious

/ˈtidiəs/

adjective

continuing for too long and boring

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Examples

It was a tedious process—the skeleton battle took four and a half months to film.

but wasn't as tedious and it could be more easily done than what is required of doing YouTube?

minute

/ˈmɪnət/, /maɪˈnut/, /maɪnˈjut/

noun

a short note

Examples

hectic

/ˈhɛktɪk/

adjective

busy and full of activity