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
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
a document given by a bank to an account holder, providing a summary of all financial transactions within a specified period
the total income generated from business activities or other sources.
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
the system in which money, goods, and services are produced or distributed within a country or region
the business of trading and exchanging shares of different companies
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
