CEFR C2 Vocabulary - Finance
Here you will learn all the essential words for talking about Finance, collected specifically for level C2 learners.
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price fixing
[noun]
an agreement between business rivals to not sell products at a lower price
alimony
[noun]
the money that is demanded by the court to be paid to an ex-spouse or ex-partner
contingency
[noun]
the funds that are set aside for unforeseen or unexpected expenses that may arise in the future
lump sum
[noun]
a single, large payment made in full, instead of smaller payments made over time
overhead
[noun]
the regular and compulsory costs required for maintaing a business or an organization
top-up
[noun]
an extra amount of money added to an existing sum so that it reaches the required total
receivables
[noun]
the amount of unpaid debt that a company expects to receive from its customers or another company
corkage
[noun]
an amount of money charged by a restaurant for drinking a wine that was bought from somewhere else by the customer
savings and loan association
[phrase]
an organization that lends money to people for buying a house or pays interest on the money that they save there
clearing house
[noun]
a financial institution that oversees exchanging cheques and other financial transactions
child support
[noun]
a regular payment from one parent to financially support the child after a divorce
corporate welfare
[noun]
subsidies, incentives, or benefits given by the government to big or growing businesses and corporations
giro
[noun]
a predominantly european system that allows different institutions within a country to electronically transfer money
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