Vocabulary for IELTS Academic (Band 6-7) - Finance
Here, you will learn some English words related to Finance that are necessary for the Academic IELTS exam.
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the total income generated from business activities or other sources
a record or statement of financial transactions, typically detailing debits, credits, and balances
the act of buying or obtaining something, especially something that is valuable
the process of selling off assets, subsidiaries, or investments, often for strategic, ethical, or financial reasons
a formal examination of financial records to check that they are accurate and properly maintained
an extra amount of money paid to an employee in addition to regular wages or salary, usually as a reward
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
a system that provides the amount of prices, costs, etc. so that one can compare them with their previous value
a situation in which a person or business is unable to pay due debts
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
an individual or entity that owns shares of stock in a corporation
the funds acquired by a company or corporation through the issuance and purchase of shares
the activity of managing money and carrying out transactions through a bank
an asset or investment, such as shares, property, or securities, owned by a person or organization
a collection of shares and other investments owned by a person or organization
a hard time in a country's economy characterized by a reduction in employment, production, and trade
an amount of profit gained from an investment or business
an accountant's profession or tasks
the practice of reducing expenses or overhead in order to increase profitability or save money
