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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money or property owned by a person or company that is used for investment or starting a business
the ability to buy something from a shop or receive money from a bank based on trust, without paying for it immediately
an entry indicating an increase in assets or an expense, and a decrease in debts or income
(of a payment, debt, etc.) scheduled or required to be paid immediately or at a specific time
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 legally prevent money, property, or a bank account from being used or sold
something that is voluntarily given to someone or an organization to help them, such as money, food, etc.
the sum of money that is available to a person, an organization, etc. for a particular purpose and the plan according to which it will be spent
(usually plural) a property or an item of value that a company owns and can sell to pay its 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
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
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
(economics) an unprocessed material that can be traded in different exchanges or marketplaces