Business and finance – English vocabulary
33 words · English vocabulary · Created by OpenQuiz Team
33 English words with meanings: destitute, destitution, development grant, direct debit, ease debt… Study them with flashcards, quizzes and AI speaking…
Part of the learning path: Vocabulary in Daily Life - Advance
Word list
- destitute /'dɛstɪtu:t/ (adjective) — having almost no money, food, or possessions
Example:The family was destitute after the fire.
Synonyms: poor, penniless, needy - destitution /,dɛstɪ'tu:ʃən/ (noun) — a state of having almost nothing needed for a basic life
Example:Years of war led to destitution.
Synonyms: poverty, neediness, privation - development grant /dɪ'vɛləpmənt ɡrænt/ (phrase) — money given to support a development project
Example:The group received a development grant.
Synonyms: project grant, aid grant - direct debit /,daɪrɛkt 'dɛbɪt/ (noun) — a payment taken automatically from a bank account
Example:The rent is paid by direct debit each month.
Synonyms: automatic payment, auto-pay, standing order - ease debt /i:z dɛt/ (phrase) — to reduce the amount of debt someone must pay
Example:The new policy will ease debt for small businesses.
Synonyms: reduce debt, lighten debt - economic /,i:kə'nɑ:mɪk/ (adjective) — relating to money, trade, and the way a country uses resources
Example:Economic growth slowed this year.
Synonyms: financial, monetary, commercial - electronic transfer /ɪ,lɛk'trɑ:nɪk 'trænsfər/ (noun) — moving money from one bank account to another by computer
Example:I sent the money by electronic transfer.
Synonyms: bank transfer, wire transfer, online transfer - embezzle /ɪm'bɛzəl/ (verb) — to steal money one is trusted to manage
Example:He tried to embezzle money from the company.
Synonyms: steal, misappropriate, defraud - embezzlement /ɪm'bɛzəlmənt/ (noun) — the theft of money one is trusted to manage
Example:The embezzlement was discovered during the audit.
Synonyms: theft, misappropriation, fraud - embezzler /ɪm'bɛzələr/ (noun) — a person who steals money they are trusted to manage
Example:The embezzler was sent to prison.
Synonyms: thief, fraudster, defaulter - endowment /ɪn'daʊmənt/ (noun) — money or property given to support an organization or cause
Example:The museum received a large endowment.
Synonyms: fund, grant, gift - eradicate poverty /ɪ'rædɪkeɪt 'pɑ:vərti/ (phrase) — to completely get rid of poverty
Example:The program aims to eradicate poverty.
Synonyms: eliminate, wipe out, get rid of - expenditure /ɪk'spendɪtʃər/ (noun) — money spent on something
Example:The report listed the year's expenditures.
Synonyms: spending, costs, outlay - extravagant /ɪk'strævəɡənt/ (adjective) — spending too much money or using too much of something
Example:They threw an extravagant party.
Synonyms: lavish, wasteful, excessive - extreme poverty /ɪk,stri:m 'pɒvərti/ (phrase) — a very severe lack of money, food, and basic living needs
Example:Many families still live in extreme poverty.
Synonyms: severe poverty, deep poverty, utter poverty - fair trade /,feər 'treɪd/ (noun) — buying and selling in a way that gives fair pay and conditions to producers
Example:I buy fair trade coffee whenever I can.
Synonyms: ethical trade, equitable trade, fair commerce - financial /faɪ'nænʃəl/ (adjective) — relating to money, banking, or business value
Example:She gave me financial advice.
Synonyms: monetary, fiscal, economic - free trade agreement /fri: treɪd ə'ɡri:mənt/ (phrase) — an agreement to allow trade with fewer barriers
Example:The two countries signed a free trade agreement.
Synonyms: trade pact, commercial agreement, FTA - frugal /'fru:ɡəl/ (adjective) — careful not to waste money or resources
Example:He lives a frugal life.
Synonyms: thrifty, economical, sparing - fur trade /'fɝ: treɪd/ (phrase) — the buying and selling of animal fur
Example:The fur trade was once very profitable.
Synonyms: pelt trade, fur market - gamble /'ɡæmbəl/ (verb) — to risk money or something valuable on an uncertain result
Example:He likes to gamble on card games.
Synonyms: bet, wager, take a risk - GDP /,dʒi: di: 'pi:/ (noun) — the total value of goods and services made in a country
Example:GDP grew faster than expected last year.
Synonyms: gross domestic product, national output, economic output - get (money) out /ɡɛt 'mʌni aʊt/ (phrase) — to take cash from a bank account
Example:I need to get some money out of the bank.
Synonyms: withdraw, take out, cash out - gift /ɡɪft/ (noun) — Something given to someone without payment.
Example:She gave me a birthday gift.
Synonyms: present, offering, token - insider dealer (noun) — a person who buys or sells shares using secret company information
Example:An insider dealer used secret company information.
Synonyms: illegal trader, inside trader, market abuser - insider dealing /'ɪnsaɪdər 'di:lɪŋ/ (noun) — buying or selling shares using secret company information
Example:Insider dealing is a serious crime.
Synonyms: inside trading, illegal trading, market abuse - insider trader (noun) — a person who trades shares using secret company information
Example:The insider trader made money from secret tips.
Synonyms: inside trader, illegal trader, market abuser - insider trading /'ɪnsaɪdər 'treɪdɪŋ/ (noun) — buying or selling shares using secret company information
Example:He was charged with insider trading.
Synonyms: illegal trading, market abuse - launder money /'lɔ:ndʒər 'mʌni/ (verb) — to make illegally earned money look legal
Example:They tried to launder money through a fake business.
Synonyms: clean money, wash money - logo /'loʊɡoʊ/ (noun) — A small design that represents a company or product.
Example:The company changed its logo.
Synonyms: brand mark, symbol, emblem
…and 3 more words in this set.
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