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Vocabulary for IELTS Academic (Band 5) - Finance

Here, you will learn some English words related to Finance that are necessary for the Basic Academic IELTS exam.

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Vocabulary for IELTS Academic (Band 5)
capital
[noun]

money or property owned by a person or company that is used for investment or starting a business

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cost
[noun]

an amount we pay to buy, do, or make something

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income
[noun]

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

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the act or process of putting money into something to gain profit

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profit
[noun]

the sum of money that is gained after all expenses and taxes are paid

Ex: Without careful budgeting , it ’s difficult to achieve profit.
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finance
[noun]

a type of business activity that involves providing money or other resources, such as capital, to support economic transactions, investments, and other financial activities

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economy
[noun]

the system in which money, goods, and services are produced or distributed within a country or region

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inflation
[noun]

the ongoing increase in the general price level of goods and services in an economy over a period of time

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expense
[noun]

the amount of money spent to do or have something

Ex: Many people use budgeting apps to categorize expenses and identify areas where they can cut back to save money .
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fund
[noun]

a sum of money that is collected and saved for a particular purpose

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