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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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CEFR C2 Vocabulary
price fixing
[noun]
an agreement between business rivals to not sell products at a lower price
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alimony
[noun]
the money that is demanded by the court to be paid to an ex-spouse or ex-partner
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arrears
[noun]
an unpaid debt that is past due
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collateral
[noun]
a loan guarantee that may be taken away if the loan is not repaid
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contingency
[noun]
the funds that are set aside for unforeseen expenses that may arise in the future
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lump sum
[noun]
a single, large payment made in full, instead of smaller payments made over time
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overhead
[noun]
the regular costs required for maintaining a business or an organization
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top-up
[noun]
an extra amount of money added to an existing sum so that it reaches the required total
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bubble
[noun]
a rapid trend of increase in prices that eventually leads to a collapse
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face value
[noun]
the price that is imprinted on a product
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outlay
[noun]
an amount of budget dedicated to something
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receivables
[noun]
the amount of unpaid debt that a company expects to receive from its customers or another company
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seed money
[noun]
the initial amount of money needed to start a business or project
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corkage
[noun]
an amount of money charged by a restaurant for drinking a wine that was bought from somewhere else by the customer
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gratuity
[noun]
an additional amount of money given to someone for their services
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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
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clearing house
[noun]
a financial institution that oversees exchanging cheques and other financial transactions
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line of credit
[noun]
the maximum amount of loan that a customer is allowed to receive
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fintech
[noun]
the technological innovation in financial services
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pension pot
[noun]
the total accumulated savings set aside for retirement
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child support
[noun]
a regular payment from one parent to financially support the child after a divorce
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corporate welfare
[noun]
subsidies, incentives, or benefits given by the government to big or growing businesses and corporations
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giro
[noun]
a predominantly european system that allows different institutions within a country to electronically transfer money
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net asset value
[noun]
the value of a company's assets minus its liabilities, divided by the number of outstanding shares
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