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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 come into

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

Ex: She came into a large sum of money when her grandfather passed away. 
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to haggle
to haggle
[Verb]

to negotiate, typically over the price of goods or services

Ex: I don’t like to haggle; I prefer paying the price listed. 
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stock market

the business of trading and exchanging shares of different companies

Ex: The stock market experienced a significant drop today, causing investors to worry about their portfolios. 
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income
income
[noun]

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

Ex: His primary source of income is his salary from the tech company where he works. 
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rise
rise
[noun]

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

Ex: She was thrilled to receive a rise after her annual performance review. 
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priceless
priceless
[Adjective]

having great value or importance

Ex: The handwritten letter from her late grandmother was a priceless keepsake. 
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commission

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

Ex: The salesperson earns a 10% commission on every sale. 
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bankrupt
bankrupt
[Adjective]

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

Ex: After years of financial mismanagement, the business went bankrupt. 
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to [make] a living

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

Ex: She works as a freelance writer to make a living. 
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to recruit

to employ people for a company, etc.

Ex: The company is actively recruiting new graduates for entry-level positions. 
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profit sharing

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

Ex: The company introduced a profit-sharing plan to reward employees. 
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hands-on
hands-on
[Adjective]

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

Ex: The internship provides hands-on experience in the medical field. 
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start-up
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: He launched a tech start-up with his friends. 
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fringe benefit

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

Ex: Health insurance is a common fringe benefit offered by employers. 
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publicity
publicity
[noun]

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

Ex: The company used social media publicity to promote its new product, generating buzz before the launch. 
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to [break] even

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

Ex: The café finally broke even after six months. 
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to bail out

to save someone or something from a difficult financial situation

Ex: The government decided to bail the struggling company out to prevent bankruptcy. 
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philanthropy

the activity of helping people, particularly financially

Ex: Her philanthropy funded new schools. 
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philanthropist

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: She was known as a philanthropist, always supporting community projects. 
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charity
charity
[noun]

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

Ex: The charity organized a fundraiser to support homeless shelters. 
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interest
interest
[noun]

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

Ex: The bank charges 5% interest on personal loans. 
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to invite
to invite
[Verb]

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

Ex: She invites friends over for dinner every Friday night. 
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to dedicate

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

Ex: She decided to dedicate her weekends to volunteering at the local animal shelter. 
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donation
donation
[noun]

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

Ex: She made a donation to the local animal shelter. 
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welfare
welfare
[noun]

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

Ex: The government increased welfare benefits to support families during the economic downturn. 
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to amass
to amass
[Verb]

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

Ex: Through years of hard work and dedication, she was able to amass a considerable fortune in real estate investments. 
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fortune
fortune
[noun]

a very large sum of money

Ex: He inherited a fortune from his grandparents and became one of the wealthiest individuals in the country. 
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satisfaction

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

Ex: Gazing at the finished garden, she felt a deep satisfaction knowing all her hard work had paid off. 
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recognition

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

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perk
perk
[noun]

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

Ex: One of the best perks of working at the tech company is the free gym membership. 
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