Vocabulary for IELTS (General) - Money
Here you will learn some English words about money, such as "asset", "discount", "pension", etc. that are needed for the IELTS exam.
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happening, done, or made once every year
a valuable resource or quality owned by an individual, organization, or entity, typically with economic value and the potential to provide future benefits
a public sale in which goods or properties are sold to the person who bids higher
to negotiate the terms of a contract, sale, or similar arrangement for a better agreement, price, etc.
a financial aid provided by the government for people who are sick, unemployed, etc.
a specific amount of money set aside for a particular use
to become less in amount, size, or degree
the amount of money that is reduced from the usual price of something
the study of how money, goods, and resources are produced, distributed, and used in a country or society
the amount of money spent to do or have something
the amount of money we pay to travel with a bus, taxi, plane, etc.
a sum of money that is collected and saved for a particular purpose
the fact that the cultures and economic systems around the world are becoming connected and similar as a result of improvement in communications and development of multinational corporations
the ongoing increase in the general price level of goods and services in an economy over a period of time
the act or process of putting money into something to gain profit
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
a regular payment made to a retired person by the government or a former employer
a hard time in a country's economy characterized by a reduction in employment, production, and trade
an amount of money that is paid back because of returning goods to a store or one is not satisfied with the goods or services
income collected by a government through taxes and other official sources
the business of trading and exchanging shares of different companies
prone to sudden change or alteration
money that a person earns, daily or weekly, in exchange for their work
(of value or price) to gradually rise
a situation in which a person or business is unable to pay due debts
an economic and political system in which industry, businesses, and properties belong to the private sector rather than the government
