Total English - Advanced - Unit 5 - Reference - Part 1

Here you will find the vocabulary from Unit 5 - Reference - Part 1 in the Total English Advanced coursebook, such as "haggle", "bankrupt", "amass", etc.

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Total English - Advanced

to receive money or assets from someone who has passed away, typically through a will or legal inheritance

Ex: The young heiress came into possession of a valuable art collection .

to negotiate, typically over the price of goods or services

Ex: In some cultures , it 's expected that customers will haggle over prices when shopping for certain items .

the business of trading and exchanging shares of different companies

Ex: News of the company 's breakthrough product led to a surge in its stock market value .
income [noun]

the money that is regularly earned from a job or through an investment

Ex: The government 's new tax policy will impact individuals with higher incomes more significantly .
rise [noun]

an increase in the amount of salary or wages that an employee receives

Ex: He asked his manager for a rise , citing his increased responsibilities .
priceless [adjective]

having great value or importance

Ex: The support of true friends is a priceless gift in difficult times .

a sum of money paid to someone based on the value or quantity of goods they sell

Ex:
bankrupt [adjective]

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

Ex: The once-thriving neighborhood became desolate after the major employer went bankrupt .

to earn an amount of money that enables one to support oneself and pay for one's needs

Ex: He chose to become a musician to make a living doing what he loves .

to employ people for a company, etc.

Ex: During the hiring process , it 's crucial to recruit candidates who align with the company 's values .

a business arrangement in which a company distributes a portion of its profits to its employees or other stakeholders

Ex: Many businesses offer profit sharing as an incentive for higher productivity .
hands-on [adjective]

involving direct participation or intervention in a task or activity, rather than simply observing or delegating it to others

Ex: As a hands-on leader , she actively participates in daily operations .
start-up [noun]

a newly established company or business venture, typically characterized by its innovative approach, early-stage development, and a focus on growth

Ex: She joined a promising start-up in the finance sector .

an extra compensation or perk that an employer provides to employees in addition to their salary or wages

Ex: A generous fringe benefit package can help attract top talent .

actions or information that are meant to gain the support or attention of the public

Ex: The charity event received positive publicity after being featured in local newspapers and TV programs .

(of a business) to reach a point that yields no success due to the profit being almost as equal as the costs

Ex: He invested heavily , hoping to break even before turning a profit .

to save someone or something from a difficult financial situation

Ex:

the activity of helping people, particularly financially

Ex: She dedicated her life to philanthropy .

a wealthy person, often a celibrity, who donates money and puts time and effort in order to help make life better for other people

Ex: Many philanthropists invest in social causes to make a positive impact .
charity [noun]

an organization that helps those in need by giving them money, food, etc.

Ex: The charity event raised enough money to help hundreds of families in need .
interest [noun]

the fee paid for borrowing money, calculated as a percentage of the loan amount over time

Ex:

to make a formal or friendly request to someone to come somewhere or join something

Ex: We decided to invite the neighbors to our annual barbecue .

to give all or most of one's time, effort, or resources to a particular activity, cause, or person

Ex: He chose to dedicate his career to advancing sustainable energy solutions .
donation [noun]

something that is voluntarily given to someone or an organization to help them, such as money, food, etc.

Ex: The charity relies on donations to continue its work .
welfare [noun]

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

Ex: Welfare programs are designed to help vulnerable populations meet basic needs .
to amass [verb]

to gather a large amount of money, knowledge, etc. gradually

Ex: Over time , the scholar amasses a wealth of knowledge on ancient civilizations .
fortune [noun]

a very large sum of money

Ex: Winning the lottery gave her a fortune she had only dreamed of .

a feeling of pleasure that one experiences after doing or achieving what one really desired

Ex: He devoured the last bite of pizza with a sigh of satisfaction , finally feeling full after a long day .

the act of accepting that something exists, is true or legal

perk [noun]

an extra benefit that one receives in addition to one's salary due to one's job

Ex: As a senior executive , he enjoys many perks , such as a company car and exclusive travel opportunities .