Vocabulary for IELTS General Training (Band 8-9) - Finance and Currency

an agreement between business rivals to not sell products at a lower price

the money that is demanded by the court to be paid to an ex-spouse or ex-partner

an unpaid debt that is past due

a loan guarantee that may be taken away if the loan is not repaid

the funds that are set aside for unforeseen expenses that may arise in the future

a single, large payment made in full, instead of smaller payments made over time

the regular costs required for maintaining a business or an organization

an extra amount of money added to an existing sum so that it reaches the required total

a rapid trend of increase in prices that eventually leads to a collapse

the price that is imprinted on a product

an amount of budget dedicated to something

the amount of unpaid debt that a company expects to receive from its customers or another company

the initial amount of money needed to start a business or project

an amount of money invested in a business

a five-cent coin of Canada and the US

an amount of money charged by a restaurant for drinking a wine that was bought from somewhere else by the customer

an additional amount of money given to someone for their services

a financial instituion that offers loans or interest for the money invested there

an automatic machine that allows people to withdraw money or do other banking operation using a debit card

a financial institution that oversees exchanging cheques and other financial transactions

a predominantly european system that allows different institutions within a country to electronically transfer money

the maximum amount of loan that a customer is allowed to receive

the technological innovation in financial services

the total accumulated savings set aside for retirement

a regular payment from one parent to financially support the child after a divorce

subsidies, incentives, or benefits given by the government to big or growing businesses and corporations

the act of reducing or limiting something in order to reach financial stability

to slowly reduce the activity of a business or organization, leading to its eventual closure