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1-
to credit
2-
economy
3-
economic
4-
accounting
5-
asset
6-
budget
7-
capital
8-
debit
9-
finance
10-
investment
11-
financing
12-
borrowing
13-
debt
14-
grant
15-
loan
16-
to possess
17-
distribution
18-
inflation
19-
welfare
20-
profit
21-
standard of living
22-
balance
23-
bank statement
24-
collapse
25-
to collapse
26-
decrease
27-
loss
28-
analyst
29-
banker
30-
to price
31-
to purchase
32-
rate
33-
to rip off
34-
rip-off
35-
bull
36-
bear
37-
to run out
38-
automated teller machine
39-
refund
To credit
[ Verb ]
c
k
r
r
e
ɛ
d
d
i
ə
t
t
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to add a sum of money to a bank account

debit
example
Example
Click on words
The employer credited the employee's salary to their bank account at the end of each month.
The customer credited their savings account with a large sum of money from their inheritance.

Grammatical Information:

ditransitive
Economy
[ noun ]
e
ɪ
c
k
o
ɑ:
n
n
o
ə
m
m
y
i

the system in which money, goods, and services are produced or distributed within a country or region

economic
Economic
[ Adjective ]
e
ɛ
c
k
o
ə
n
n
o
ɑ:
m
m
i
ɪ
c
k

relating to the production, distribution, and management of wealth and resources within a society or country

Accounting
[ noun ]
a
ə
cc
k
o
a
u
ʊ
n
n
t
t
i
ɪ
n
n
g
g

a systematic process of recording, summarizing, analyzing, and reporting financial transactions and information of an organization or individual

Asset
[ noun ]
a
æ
ss
s
e
ɛ
t
t

a valuable resource or quality owned by an individual, organization, or entity, typically with economic value and the potential to provide future benefits

liability
budget
Budget
[ noun ]
b
b
u
ʌ
dg
ʤ
e
ɪ
t
t

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

Capital
[ noun ]
c
k
a
æ
p
p
i
ə
t
t
a
ə
l
l

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

Debit
[ noun ]
d
d
e
ɛ
b
b
i
ɪ
t
t

an entry indicating an increase in assets or an expense, and a decrease in debts or income

credit
Finance
[ noun ]
f
f
i
ə
n
n
a
æ
n
n
c
s
e

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

investment
Investment
[ noun ]
i
ɪ
n
n
v
v
e
ɛ
s
s
t
t
m
m
e
ə
n
n
t
t

the act or process of putting money into something to gain profit

Financing
[ noun ]
f
f
i
ə
n
n
a
æ
n
n
c
s
i
ɪ
n
n
g
g

the act of providing a sum of money for running a business, activity, project, or individual needs, typically through loans, investments, etc.

Borrowing
[ noun ]
b
b
o
ɑ:
rr
r
o
oʊɪ
w
i
n
n
g
g

the act of getting money from a person or an organization with the agreement to repay the borrowed amount along with any related interest or fees within a specified period

debt
Debt
[ noun ]
d
d
e
ɛ
b
t
t

the situation of owing money, usually when it is not easy to pay it back

grant
Grant
[ noun ]
g
g
r
r
a
æ
n
n
t
t

an amount of money given by the government or another organization for a specific purpose

What is a "grant"?

A grant is a sum of money provided by an organization, government, or foundation to support a specific purpose or project. Grants are typically given to individuals, organizations, or institutions that meet certain criteria, and they do not need to be repaid. They can be awarded for a variety of reasons, such as funding research, supporting education, or assisting with community development. Grants are often based on need, merit, or specific goals that align with the goals of the granting organization.

loan
Loan
[ noun ]
l
l
oa
n
n

a sum of money that is borrowed from a bank which should be returned with a certain rate of interest

to possess
To possess
[ Verb ]
p
p
osse
əzɛ
ss
s

to have something as one's own

Grammatical Information:

transitive
Distribution
[ noun ]
d
d
i
ɪ
s
s
t
t
r
r
i
ə
b
b
u
ju:
t
ʃ
io
ə
n
n

the process of supplying shops and other businesses with products to be sold

Inflation
[ noun ]
i
ɪ
n
n
f
f
l
l
a
t
ʃ
io
ə
n
n

the ongoing increase in the general price level of goods and services in an economy over a period of time

deflation
Welfare
[ noun ]
w
w
e
ɛ
l
l
f
f
a
ɛ
r
r
e

a financial aid provided by the government for people who are sick, unemployed, etc.

Profit
[ noun ]
p
p
r
r
o
ɑ:
f
f
i
ə
t
t

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

Standard of living
[ phrase ]
uk flag
/stˈændɚd ʌv lˈɪvɪŋ/

the level of wealth, welfare, comfort, and necessities available to an individual, group, country, etc.

Balance
[ noun ]
b
b
a
æ
l
l
a
ə
n
n
c
s
e

the number showing the difference between the debit and credit sums of an account

Bank statement
[ noun ]
uk flag
/bˈæŋk stˈeɪtmənt/

a document given by a bank to an account holder, providing a summary of all financial transactions within a specified period

Grammatical Information:

compound noun
Collapse
[ noun ]
c
k
o
ə
ll
l
a
æ
p
p
s
s
e

a sudden decrease in something's value, such as a price or stock

to collapse
To collapse
[ Verb ]
c
k
o
ə
ll
l
a
æ
p
p
s
s
e

(of prices, shares, etc.) to suddenly decrease in terms of amount or value

Grammatical Information:

intransitive
decrease
Decrease
[ noun ]
d
d
e
ɪ
c
k
r
r
ea
i:
s
s
e

the amount by which something becomes less or smaller

increase
Loss
[ noun ]
l
l
o
ɔ:
ss
s

money that is lost by a company, organization, or individual

gain
analyst
Analyst
[ noun ]
a
æ
n
n
a
ə
l
l
y
ɪ
s
s
t
t

a trained individual who evaluates information and data to provide insights and make informed decisions in various fields such as finance, economics, business, technology, etc.

banker
Banker
[ noun ]
b
b
a
æ
n
n
k
k
e
ə
r
r

a person who possesses or has a high rank in a bank or any other financial institution

To price
[ Verb ]
p
p
r
r
i
c
s
e

to set an amount that is needed as payment for a product or a service

Grammatical Information:

transitive
to purchase
To purchase
[ Verb ]
p
p
u
ɜ
r
r
ch
ʧ
a
ə
s
s
e

to get goods or services in exchange for money or other forms of payment

sell

Grammatical Information:

transitive
rate
Rate
[ noun ]
r
r
a
t
t
e

a specified amount of money charged or paid for something

to rip off
To rip off
[ Verb ]
uk flag
/ɹˈɪp ˈɔf/

to take advantage of someone by charging them too much money or selling them a defective product

Grammatical Information:

transitive
Phrasal Status
separable
phrase's verb
rip
phrase's particle
off
rip-off
Rip-off
[ noun ]
uk flag
/ɹˈɪpˈɔf/

something that costs a lot more than its real value

Bull
[ noun ]
b
b
u
ʊ
ll
l

someone who buys or holds a certain asset or market expecting that their prices will increase, allowing them to sell at a profit

bear
Bear
[ noun ]
b
b
ea
ɛ
r
r

someone who sells financial instruments expecting that their prices will fall, allowing them to repurchase them later at a lower price and make a profit

bull
To run out
[ Verb ]
uk flag
/ɹˈʌn ˈaʊt/

to use the available supply of something, leaving too little or none

Grammatical Information:

transitive
Phrasal Status
inseparable
phrase's verb
run
phrase's particle
out
automated teller machine
Automated teller machine
[ noun ]
uk flag
/ˌɔːɾəmˈæɾɪk tˈɛlɚ məʃˈiːn/

a machine that allows customers to perform financial transactions such as withdrawals, deposits, transfers, etc.

Grammatical Information:

compound noun
Refund
[ noun ]
r
r
e
ɪ
f
f
u
ʌ
n
n
d
d

an amount of money that is paid back because of returning goods to a store or one is not satisfied with the goods or services

Congratulations! !

You learned 39 words from Lesson 12. To improve learning and review vocabulary, start practicing.

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