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Insight - Advanced - Unit 3 - 3A

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Insight - Advanced
foraging
[noun]
the act of searching or gathering food, resources, or provisions in the natural environment, typically done by animals
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self-sufficient
[adjective]
capable of providing everything that one needs, particularly food, without any help from others
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flat-pack
[noun]
a piece of furniture or equipment that is sold in parts and is delivered to the buyer in a box so that they can put it together and then use it
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assembly line
[noun]
a production process where a product is put together in a step-by-step manner by different people or machines, each responsible for a specific task
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ethos
[noun]
the fundamental values and beliefs that influence and guide the behavior and attitudes of a person, group, or organization
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pipe dream
[noun]
an impractical or impossible idea, plan, or wish
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to splash out
[verb]
to spend a lot of money on fancy or unnecessary things
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to live beyond one's means
[phrase]
to spend in a way that exceeds one's income
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to make (both) ends meet
[phrase]
to make enough money to pay for one's basic needs
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to fritter away
[verb]
to slowly and carelessly waste or use up something, such as time, money, resources, or opportunities
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poverty-stricken
[adjective]
suffering from extreme deprivation
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to squander
[verb]
to waste or misuse something valuable, such as money, time, or opportunities
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insurance
[noun]
the arrangement with an institute or agency according to which they guarantee to make up for the damages in the event of an accident or loss
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standing order
[noun]
a permanent instruction or procedure that remains in effect until it is altered or terminated
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premium
[noun]
the amount of money paid to an insurance company in exchange for coverage or protection against specified risks or potential losses
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contactless
[adjective]
referring to interactions or transactions without physical contact, using wireless communication or non-touch means
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liability insurance
[noun]
a form of insurance that offers financial protection to individuals or businesses against legal obligations and expenses resulting from injuries, damages, or losses caused to others
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current account
[noun]
a bank account that allows frequent deposits and withdrawals, typically using checks, with no prior notice required
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debit
[noun]
a record of debts, used in accounting
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bonus
[noun]
the extra money that we get, besides our salary, as a reward
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comprehensive
[adjective]
covering or including all aspects of something
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policy
[noun]
a set of ideas or a plan of action that has been chosen officially by a group of people, an organization, a political party, etc.
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third party
[noun]
a person or entity that is not directly involved in a particular transaction or agreement, but may have legal rights or obligations related to it
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strapped
[adjective]
having a limited amount of something, especially of money
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the breadline
[noun]
the income level below which a person is considered to be living in poverty or experiencing financial hardship
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