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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 Vocabulary for 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 .
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to repay someone for expenses or losses they have experienced

Ex: The university agreed to reimburse students for the unexpected textbook expenses .
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to accrue
[Verb]

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

Ex: The rewards points are accruing on your credit card with every purchase you make .
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to donate
[Verb]

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

Ex: The community raised funds to donate to a family in need during challenging times .
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to buy or begin to have something

Ex: She acquired a rare painting for her collection at the auction .
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to seek financial contributions or donations for a particular cause, organization, or event

Ex: The school fundraised for new playground equipment for the children .
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to borrow
[Verb]

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

Ex: Instead of buying a lawnmower , he chose to borrow one from his neighbor for the weekend .
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to put an amount of money or other item of value into a bank account

Ex: The student deposited the scholarship award in her college tuition account to cover expenses .
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to garner
[Verb]

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

Ex: The author 's latest book garnered critical acclaim and several awards .
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tariff
[noun]

a tax paid on goods imported or exported

Ex: Businesses are concerned about potential tariff increases that could impact their supply chain costs .
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levy
[noun]

a charge or fee set, especially by authority or law

Ex: A new levy on vehicle registrations will fund road maintenance projects .
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dividend
[noun]

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

Ex: The board decided to increase the dividend this year .
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revenue
[noun]

the total income generated from business activities or other sources

Ex: The restaurant 's revenue increased during the holiday season .
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expense
[noun]

the amount of money spent to do or have something

Ex: Many people use budgeting apps to categorize their expenses and identify areas where they can cut back to save money .
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austerity
[noun]

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

Ex: The austerity program included significant reductions in healthcare and education funding .
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the process of introducing a new product or service into the market for sale

Ex: The government is supporting startups in the commercialization of innovative agricultural products .
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commodity
[noun]

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

Ex: Investors often include commodities in their portfolios as a hedge against inflation and market volatility .
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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: Goodwill , reflecting a company 's reputation and customer loyalty , is considered an asset on its balance sheet .
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an economic cycle characterized by periods of rapid economic expansion followed by periods of contraction or recession

Ex: During the boom phase of the cycle, companies often expand rapidly, but during the bust, many may face bankruptcy.
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the cost advantages that enterprises obtain due to size, output, or scale of operation

Ex: The restaurant chain leverages economy of scale to negotiate better prices with suppliers .
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the business of trading and exchanging shares of different companies

Ex: The global pandemic had a profound impact on the stock market, leading to volatile fluctuations .
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fiduciary
[noun]

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

Ex: Trustees must exercise their fiduciary duties with diligence and transparency.
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a decline in something's price or value

Ex: Economic uncertainty has resulted in the depreciation of stock prices across various sectors .
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the estimated residual value of an asset at the end of its useful life

Ex: The company sold its outdated computers for their salvage value, recovering a portion of the initial investment .
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auction
[noun]

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

Ex: The auction house specializes in selling fine art and jewelry.
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the general process of purchasing or selling something

Ex: Automating the transaction of routine tasks can significantly improve efficiency .
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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 arts organization relies on government subsidies to fund its cultural programs and events .
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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 pharmaceutical firm held a monopoly on the production of the lifesaving drug , leading to high prices for consumers .
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a thing that achieves great widespread popularity or financial success, particularly a movie, book, or other product

Ex: Streaming platforms compete to secure the rights to blockbuster films and series for their subscribers.
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handout
[noun]

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

Ex: Volunteers handed out handouts of warm blankets to refugees at the shelter .
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tuition
[noun]

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

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recession
[noun]

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

Ex: Economists predicted that the recession would last for several quarters before signs of recovery would emerge .
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a situation in which a person or business is unable to pay due debts

Ex: The risk of bankruptcy increased as the market conditions worsened .
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stake
[noun]

an amount of money invested in a business

Ex: The family-owned business decided to sell a minority stake to raise funds for expansion .
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consumer
[noun]

someone who buys and uses services or goods

Ex: Online reviews play a significant role in helping consumers make informed choices .
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investor
[noun]

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

Ex: Investors are often attracted to businesses with high growth potential .
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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 .
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overhead
[noun]

the regular costs required for maintaining a business or an organization

Ex: Overhead can vary widely depending on the size and location of the organization.
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outlay
[noun]

an amount of budget dedicated to something

Ex: The family 's outlay for healthcare expenses has risen sharply in recent years , prompting them to explore more affordable insurance options .
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treasury
[noun]

the funds and resources that a country or organization controls

Ex: The treasury is responsible for managing the country 's financial assets .
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bounty
[noun]

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

Ex: The government announced a bounty for farmers who adopted sustainable agricultural practices .
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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: Economic analysts warn that the current surge in commodity prices could be indicative of an asset bubble forming in global markets .
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ledger
[noun]

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

Ex: He consulted the ledger to verify the payment history of the client .
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pecuniary
[Adjective]

involving or about money

Ex: The pecuniary rewards for the successful completion of the project were substantial .
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fiscal
[Adjective]

relating to government revenue or public money, especially taxes

Ex: Fiscal responsibility is essential for maintaining the stability of the economy .
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monetary
[Adjective]

relating to money or currency

Ex: Monetary donations poured in from generous individuals to support disaster relief efforts .
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lucrative
[Adjective]

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

Ex: Writing bestselling novels has proven to be a lucrative profession for some authors .
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marketable
[Adjective]

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

Ex: Her extensive network and communication skills make her very marketable for sales positions .
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intensive
[Adjective]

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

Ex: Energy-intensive manufacturing processes increase production costs.
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profitable
[Adjective]

(of a business) providing benefits or valuable returns

Ex: His innovative app quickly became one of the most profitable products in the tech industry .
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nonprofit
[Adjective]

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

Ex: Nonprofit organizations often rely on volunteers to fulfill their mission.
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capitalistic
[Adjective]

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

Ex: Many countries have elements of both socialism and capitalistic practices in their economies .
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high-end
[Adjective]

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

Ex: The luxury car dealership sells high-end vehicles with top-of-the-line technology and craftsmanship .
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parsimonious
[Adjective]

spending money very reluctantly

Ex: He will become more parsimonious if he loses his job and needs to cut expenses .
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extravagant
[Adjective]

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

Ex: The CEO 's extravagant spending habits raised eyebrows among shareholders and employees alike .
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affluent
[Adjective]

possessing a great amount of riches and material goods

Ex: The affluent couple donated generously to local charities and cultural institutions .
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upscale
[Adjective]

high quality, luxurious, or intended for a wealthier clientele

Ex: They moved into an upscale apartment in the city center .
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lavish
[Adjective]

having or showing great expense, richness, or luxury

Ex: The hotel suite boasted lavish amenities , including a private jacuzzi and personal butler service .
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SAT Math and Logic
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