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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capital
[noun]
money or property owned by a person or company that is used for investment or starting a business
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.
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
economy
[noun]
the system in which money, goods, and services are produced or distributed within a country or region
inflation
[noun]
the ongoing increase in the general price level of goods and services in an economy over a period of time
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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