Academic IELTS Words for "Finance"

revenue

noun

r

e

ɛ

v

e

ə

n

ue

u

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the total income generated from business activities or other sources.

earnings income incoming

Example

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The company's annual revenue exceeded expectations.

Ticket sales are a major source of revenue for the theater.

account

noun

a

ə

cc

k

o

a

u

ʊ

n

t

a record or statement of financial transactions, typically detailing debits, credits, and balances

earnings income incoming

acquisition

noun

a

æ

c

k

q

u

w

i

ə

s

z

i

ɪ

t

ʃ

io

ə

n

the act of buying or obtaining something, especially something that is valuable

earnings income incoming

audit

noun

au

ɔ

d

i

ɪ

t

a formal inspection of a business's financial records to see if they are correct and accurate or not

earnings income incoming

bonus

noun

b

o

oʊ

n

u

ə

s

the extra money that we get, besides our salary, as a reward

earnings income incoming

credit

noun

c

k

r

e

ɛ

d

i

ə

t

an entry recording an increase in assets or a decrease in liabilities in an accounting system, typically on the right side of a ledger account

earnings income incoming

debit

index

noun

i

ɪ

n

d

e

ɛ

x

ks

a system that provides the amount of prices, costs, etc. so that one can compare them with their previous value

earnings income incoming

bankruptcy

noun

b

a

æ

n

k

r

u

ə

p

t

c

s

y

i

a situation in which a person or business is unable to pay due debts

earnings income incoming

mortgage

noun

m

o

ɔ

r

t

g

a

ə

g

ʤ

e

an official contract or arrangement by which a bank gives money to someone as a loan to buy a house and the person agrees to repay the loan over a specified period, usually with interest

earnings income incoming

stock

noun

s

t

o

ɑ

ck

k

the funds acquired by a company or corporation through the issuance and purchase of shares

earnings income incoming

banking

noun

b

a

æ

n

k

i

ɪ

n

g

the management and handling of financial matters or transactions

earnings income incoming

holding

noun

h

o

oʊ

l

d

i

ɪ

n

g

ivestments, securities, and assets held by an individual or entity for financial gain or future use

earnings income incoming

portfolio

noun

p

o

ɔ

r

t

f

o

oʊ

l

io

ioʊ

a group of shares that a person or organization owns

earnings income incoming

recession

noun

/ˌɹiˈsɛʃən/, /ɹɪˈsɛʃən/

a hard time in a country's economy characterized by a reduction in employment, production, and trade

earnings income incoming

yield

noun

y

j

ie

i

l

d

an amount of profit gained from an investment or business

earnings income incoming

accountancy

noun

a

ə

cc

k

o

a

u

ʊ

n

t

a

ə

n

c

s

y

i

an accountant's profession or tasks

earnings income incoming

cost cutting

noun

/kˈɔst kˈʌɾɪŋ/

the practice of reducing expenses or overhead in order to increase profitability or save money

earnings income incoming

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