SAT Math and Logic - Finance

Here you will learn some English words related to finance, such as "reimburse", "austerity", "fiscal", etc. that you will need to ace your SATs.

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SAT Math and Logic

to give something, particularly money, to make up for the difficulty, pain, damage, etc. that someone has suffered

Ex: The government established a fund to compensate victims of a natural disaster .

to repay someone for expenses or losses they have experienced

Ex: The insurance plan will reimburse policyholders for medical bills covered under the policy .

(particularly related to money) to gradually increase in amount or number

Ex: The investment recently accrued significant dividends for the shareholders .

to freely give goods, money, or food to someone or an organization

Ex: Many people donate to food banks to help those facing hunger .

to buy or begin to have something

Ex: The team has recently acquired new equipment to improve operational efficiency .

to seek financial contributions or donations for a particular cause, organization, or event

Ex: The organization fundraised through online campaigns and events .

to use or take something belonging to someone else, with the idea of returning it

Ex: He asked to borrow a pen from his classmate during the exam .

to put an amount of money or other item of value into a bank account

Ex: They deposited the cash from the fundraiser in the school 's account for future use .

to obtain or earn something desired or needed, typically through effort or skill

Ex: He garnered praise for his outstanding performance in the play .
tariff [noun]

a tax paid on goods imported or exported

Ex: Negotiations between countries often focus on reducing tariffs to promote free trade .
levy [noun]

a charge or fee set, especially by authority or law

Ex: The council approved a levy on businesses to improve city infrastructure .
dividend [noun]

an amount of money paid regularly to the shareholders of a company

Ex: She reinvested her dividends to buy more shares .
revenue [noun]

the total income generated from business activities or other sources

Ex: The new product line significantly boosted their revenue .
expense [noun]

the amount of money spent to do or have something

Ex: Rent and utilities are among the most common monthly expenses for homeowners and renters alike .

strict economic measures implemented by a government to reduce public expenditure and budget deficits

Ex: Austerity led to widespread protests as citizens faced higher taxes and reduced access to essential services .

the process of introducing a new product or service into the market for sale

Ex: Researchers are exploring the commercialization of new medical technologies to improve patient care .

(economics) an unprocessed material that can be traded in different exchanges or marketplaces

Ex: Agricultural commodities such as wheat , corn , and soybeans are subject to fluctuations in price based on factors like weather conditions and supply and demand .
asset [noun]

a valuable resource or quality owned by an individual, organization, or entity, typically with economic value and the potential to provide future benefits

Ex:

an economic cycle characterized by periods of rapid economic expansion followed by periods of contraction or recession

Ex: Governments and central banks often try to mitigate the effects of the boom-bust cycle through monetary and fiscal policies .

the cost advantages that enterprises obtain due to size, output, or scale of operation

Ex: Economies of scale in transportation reduced shipping costs for bulk orders .

the business of trading and exchanging shares of different companies

Ex: News of the company 's breakthrough product led to a surge in its stock market value .

a person or organization that holds a position of trust, responsibility, and confidence to manage assets or property on behalf of others

Ex:

a decline in something's price or value

Ex: Depreciation of property values in the neighborhood has made it difficult for homeowners to sell their houses .

the estimated residual value of an asset at the end of its useful life

Ex: The salvage value of the building was factored into the total cost when planning the demolition and recycling of materials .
auction [noun]

a public sale in which goods or properties are sold to the person who bids higher

Ex: The auction attracted collectors from around the world .

the general process of purchasing or selling something

Ex: Effective leaders ensure the seamless transaction of organizational operations .
subsidy [noun]

an amount of money that a government or organization pays to lower the costs of producing goods or providing services so that prices do not increase

Ex: The local council offers subsidies to businesses that implement environmentally friendly practices .
monopoly [noun]

a situation in which one organization or entity exclusively controls the production, distribution, or trade of a product or service, making other rivals unable to compete

Ex: The telecommunications company was accused of maintaining a monopoly in the rural internet market , stifling competition .

a thing that achieves great widespread popularity or financial success, particularly a movie, book, or other product

Ex:
handout [noun]

money, food, or other resources distributed freely to those in need, typically by an organization or government

Ex: The local church offers weekly handouts of groceries to struggling families in the community .
tuition [noun]

an amount of money that one pays to receive an education, particularly in a university or college

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

Ex: Families had to tighten their budgets and cut back on spending due to the recession .

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

Ex: Bankruptcy can provide a fresh start for individuals in severe debt .
stake [noun]

an amount of money invested in a business

Ex: The billionaire entrepreneur acquired a controlling stake in the struggling airline to turn it around .
consumer [noun]

someone who buys and uses services or goods

Ex: The new smartphone model received positive reviews from consumers .
investor [noun]

a person or organization that provides money or resources to a business or project with the expectation of making a profit

Ex: She met with an investor to pitch her business idea .
opulence [noun]

wealth or affluence, especially when displayed in a showy manner

Ex: The movie aimed to depict the opulence of the 1920s , showcasing luxurious fashion and grand events .
overhead [noun]

the regular costs required for maintaining a business or an organization

Ex:
outlay [noun]

the sum of money spent

Ex: Initial outlay for the equipment was high .
treasury [noun]

the funds and resources that a country or organization controls

Ex: The nation 's treasury was boosted by an increase in tax revenue .
bounty [noun]

a reward or payment given as motivation for completing a task or reaching an objective

Ex: There is a bounty for information leading to the capture of the fugitive .

a situation in which the prices of assets, such as stocks, real estate, or commodities, become significantly inflated beyond their intrinsic value due to speculative investing or market hype

Ex: Investors scrambled to sell their holdings before the asset bubble burst , fearing significant losses in their portfolios .
ledger [noun]

a book or digital record that contains financial transactions and balances, organized by accounts

Ex: The bank 's ledger showed discrepancies that needed to be reconciled .
pecuniary [adjective]

involving or about money

Ex: The pecuniary interests of the investors influenced the company 's decisions .
fiscal [adjective]

relating to government revenue or public money, especially taxes

Ex:
monetary [adjective]

relating to money or currency

Ex: The government announced measures to stimulate economic growth through monetary incentives .
lucrative [adjective]

capable of producing a lot of profit or earning a great amount of money for someone

Ex: Investing in technology stocks can be very lucrative if done wisely .
marketable [adjective]

desirable or sought after, especially by employers or in the marketplace

Ex: Fluency in multiple languages is a marketable skill in the global job market .
intensive [adjective]

(in business) concentrating on or using something a lot, such as a piece of equipment, etc.

Ex:
profitable [adjective]

(of a business) providing benefits or valuable returns

Ex: Investing in renewable energy has turned out to be a profitable venture for many companies .
nonprofit [adjective]

(of an organization, activity, etc.) operating without the goal of generating any financial benefits

Ex: The nonprofit art gallery relies on donations and grants to fund its exhibitions .
capitalistic [adjective]

characterized by an economic system where private ownership of businesses and resources drives production and distribution with a focus on profit

Ex: Capitalistic principles encourage competition and efficiency in business .
high-end [adjective]

having a much higher quality and price than the rest of their kind

Ex: The boutique specializes in high-end fashion , featuring designer clothing and accessories .
parsimonious [adjective]

spending money very reluctantly

Ex: Players complained the team owner was too parsimonious to pay for good free agents .
extravagant [adjective]

costing a lot of money, more than the necessary or affordable amount

Ex: The hotel 's extravagant suites offered breathtaking views and personalized butler service .
affluent [adjective]

possessing a great amount of riches and material goods

Ex: She grew up in an affluent family , attending private schools and traveling abroad frequently .
upscale [adjective]

high quality, luxurious, or intended for a wealthier clientele

Ex: She chose to stay at an upscale boutique hotel known for its personalized service and stylish accommodations .
lavish [adjective]

having or showing great expense, richness, or luxury

Ex: The movie premiere was a lavish event , with celebrities walking the red carpet and flashing cameras .