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

Ex: The company shares were divided among the siblings when their parents came into their estate .
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to haggle
[Verb]

to negotiate, typically over the price of goods or services

Ex: The customer skillfully haggled with the car salesperson , eventually securing a more favorable deal on the vehicle .
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the business of trading and exchanging shares of different companies

Ex: The global pandemic had a profound impact on the stock market, leading to volatile fluctuations .
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income
[noun]

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

Ex: The couple reviewed their monthly income and expenses to create a more effective budget .
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rise
[noun]

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

Ex: The union negotiated a substantial rise in pay for its members .
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priceless
[Adjective]

having great value or importance

Ex: The memories created during family vacations are priceless treasures .
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a sum of money paid to someone based on the value or quantity of goods they sell

Ex: The company offers commission-based pay to its sales team.
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bankrupt
[Adjective]

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

Ex: The bankrupt individual sought financial counseling to manage their debts .
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to earn an amount of money that enables one to support oneself and pay for one's needs

Ex: Despite facing challenges, he made a living as a street musician, playing his guitar in the city square.
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to employ people for a company, etc.

Ex: Companies use various strategies to recruit top talent in competitive industries .
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a business arrangement in which a company distributes a portion of its profits to its employees or other stakeholders

Ex: Under the profit-sharing system, workers get bonuses based on company earnings.
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hands-on
[Adjective]

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

Ex: The engineering course includes hands-on projects for practical learning .
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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: The start-up expanded rapidly after its product went viral .
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an extra compensation or perk that an employer provides to employees in addition to their salary or wages

Ex: Employees appreciate fringe benefits like gym memberships and meal allowances .
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publicity
[noun]

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

Ex: The movie studio hired a PR firm to increase the film 's publicity through interviews , posters , and trailer releases .
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(of a business) to reach a point that yields no success due to the profit being almost as equal as the costs

Ex: The business plan was designed break even within six months .
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to save someone or something from a difficult financial situation

Ex: The bank helped bail the family out during the mortgage crisis.
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the activity of helping people, particularly financially

Ex: His philanthropy helped countless families .
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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: A true philanthropist sees wealth as a tool for social good .
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charity
[noun]

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

Ex: The charity received recognition for its outstanding efforts in disaster relief .
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interest
[noun]

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

Ex: "Always compare interest rates before taking a loan," the advisor warned.
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to invite
[Verb]

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

Ex: She invited me to dinner at her favorite restaurant .
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to give all or most of one's time, effort, or resources to a particular activity, cause, or person

Ex: He dedicated his energy to mastering a new skill .
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donation
[noun]

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

Ex: They appreciated the generous donation from the community .
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welfare
[noun]

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

Ex: He applied for welfare after his injury prevented him from working .
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to amass
[Verb]

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

Ex: Despite facing numerous setbacks , he is amassing enough experience to become an expert in his field .
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fortune
[noun]

a very large sum of money

Ex: Despite his vast fortune, he lived a surprisingly modest lifestyle .
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a feeling of pleasure that one experiences after doing or achieving what one really desired

Ex: Despite the challenges , graduating with honors brought her immense satisfaction, a testament to her dedication .
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the act of accepting that something exists, is true or legal

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perk
[noun]

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

Ex: The perks of the internship include free access to professional development courses and networking events .
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Total English - Advanced
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