Essential Vocabulary for TOEFL - The Economy
Here you will learn some English words about the economy, such as "credit", "due", "yield", etc. that are needed for the TOEFL exam.
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to provide funds or an amount of money
assets used to generate more assets, especially in business or production
the ability to obtain goods, services, or funds based on trust, allowing payment to be deferred
an entry indicating an increase in assets or an expense, and a decrease in debts or income
the amount of money spent to do or have something
(of a payment, debt, etc.) scheduled or required to be paid immediately or at a specific time
an amount of profit gained from an investment or business
a document given by a bank to an account holder, providing a summary of all financial transactions within a specified period
the occasions or events like concert or performance that are arranged with the aim of generating funds for those who are in need
to increase in terms of amount, value, intensity, etc.
(economics) to lose value suddenly and significantly
a sudden decrease in something's value, such as a price or stock
the money that is regularly earned from a job or through an investment
the total income generated from business activities or other sources
a very large sum of money
the money that is paid to a professional or an organization for their services
to put an amount of money or other item of value into a bank account
to take money out of an account, fund, or financial institution
to legally prevent money, property, or a bank account from being used or sold
to withdraw more money from a bank account than is available
something that is voluntarily given to someone or an organization to help them, such as money, food, etc.
a specific amount of money set aside for a particular use
a valuable resource or quality owned by an individual, organization, or entity, typically with economic value and the potential to provide future benefits
a situation in which a person or business is unable to pay due debts
to make a person or thing move from a place, situation, or person to another
the system in which money, goods, and services are produced or distributed within a country or region
the relationship between the amount of goods or services that are available and the amount that people want to buy, especially when this controls prices
the business of trading and exchanging shares of different companies
any of the equal portions of a company's stock that is available for public to buy and gain benefit
a hard time in a country's economy characterized by a reduction in employment, production, and trade
a list of goods or services received and their total cost
the process or provision of financial aid for something such as a charity or cause, usually through holding special events
a system of international trading in which there are no restrictions or taxes on goods bought or sold
an economic system that is not operated by the government rather by free competition and supply and demand
