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Finance and Accounting – English vocabulary

50 words · English vocabulary · Created by Openquiz Team

50 English words with meanings: balance sheet, income statement, cash flow, investment, equity… Study them with flashcards, quizzes and AI speaking practice…

Part of the learning path: English for Business

Word list

  1. balance sheet /'bæl.əns ʃi:t/ (noun) — a report of assets and debts
    Example: The company's balance sheet shows its assets and liabilities.
    Synonyms: financial statement, accounting statement
  2. income statement /'ɪn.kʌm 'steɪt.mənt/ (noun) — a report of profit and loss
    Example: The income statement details the company’s revenues and expenses.
    Synonyms: profit and loss statement, earnings report
  3. cash flow /'kæʃ floʊ/ (noun) — money moving in and out
    Example: Positive cash flow means the business is earning more than it spends.
    Synonyms: liquid funds, money movement
  4. investment /ɪn'vɛst.mənt/ (noun) — putting money in to grow
    Example: She made a smart investment in tech stocks.
    Synonyms: funding, asset purchase, capital injection
  5. equity /'ɛk.wɪ.ti/ (noun) — the owner's money in a business
    Example: The owner's equity represents the residual interest in the company.
    Synonyms: ownership, shareholdings
  6. liability /,laɪ.ə'bɪl.ɪ.ti/ (noun) — money you owe
    Example: Liabilities include loans and accounts payable.
    Synonyms: debt, obligation, duty
  7. asset /'æs.et/ (noun) — things a business owns
    Example: Buildings and machinery are fixed assets.
    Synonyms: property, resource, capital
  8. debt /dɛt/ (noun) — money owed
    Example: The company took on more debt to expand operations.
    Synonyms: liability, obligation
  9. credit /'krɛd.ɪt/ (noun) — the ability to borrow money
    Example: He has good credit and can borrow easily.
    Synonyms: loan, advance, financing
  10. interest rate /'ɪn.trəst reɪt/ (noun) — the cost of borrowing money
    Example: A low interest rate encourages borrowing.
    Synonyms: rate of interest, borrowing cost
  11. dividend /'dɪv.ɪ.dɛnd/ (noun) — money paid to owners
    Example: Shareholders received a high dividend this quarter.
    Synonyms: profit share, yield
  12. revenue /'rɛv.ə.nju:/ (noun) — money from sales
    Example: Annual revenue increased by 10%.
    Synonyms: income, earnings, turnover
  13. expense /ɪk'spɛns/ (noun) — money spent
    Example: Reducing expenses can improve profitability.
    Synonyms: cost, charge, outlay
  14. profit /'prɒf.ɪt/ (noun) — money left after costs
    Example: The company made a substantial profit this year.
    Synonyms: gain, return, income
  15. loss /lɒs/ (noun) — when costs are higher than income
    Example: They suffered a loss due to low sales.
    Synonyms: deficit, decline
  16. budget /'bʌdʒ.ɪt/ (noun) — a plan for how to spend money
    Example: The marketing budget was increased this year.
    Synonyms: financial plan, allocation
  17. forecast /'fɔ:.kɑ:st/ (noun) — a guess about what will happen
    Example: The sales forecast looks promising for Q4.
    Synonyms: prediction, projection, estimate
  18. auditing /'ɔ:.dɪ.tɪŋ/ (noun) — checking financial records
    Example: Auditing ensures transparency in financial reporting.
    Synonyms: inspection, examination
  19. transaction /træn'zæk.ʃən/ (noun) — an exchange of money or goods
    Example: All transactions must be recorded accurately.
    Synonyms: deal, operation, exchange
  20. capital /'kæp.ɪ.təl/ (noun) — money or assets used to do business
    Example: The company raised capital to finance growth.
    Synonyms: funds, money, assets
  21. cost /kɒst/ (noun) — money spent
    Example: Production costs are rising.
    Synonyms: expense, charge, price
  22. inflation /ɪn'fleɪ.ʃən/ (noun) — when prices go up
    Example: High inflation reduces purchasing power.
    Synonyms: price rise, devaluation
  23. deflation /,di:'fleɪ.ʃən/ (noun) — when prices go down
    Example: Deflation can lead to economic slowdown.
    Synonyms: price drop, decrease
  24. liquidity /lɪ'kwɪd.ɪ.ti/ (noun) — how easily something can be turned into cash
    Example: Liquidity is crucial for daily operations.
    Synonyms: cash availability, fluidity
  25. return on investment /rɪ'tɜ:n ɒn ɪn'vɛst.mənt/ (noun) — how much profit an investment makes
    Example: A high return on investment indicates efficiency.
    Synonyms: ROI, yield, profitability
  26. account payable /ə'kaʊnt 'peɪ.ə.bəl/ (noun) — money a business owes suppliers
    Example: Accounts payable must be cleared on time.
    Synonyms: outstanding balance, debt owed
  27. account receivable /ə'kaʊnt rɪ'si:.və.bəl/ (noun) — money customers owe a business
    Example: Accounts receivable represent money owed by customers.
    Synonyms: incoming payment, receivables
  28. asset management /'æs.et 'mæn.ɪdʒ.mənt/ (noun) — taking care of money and property
    Example: Good asset management maximizes returns.
    Synonyms: wealth management, investment management
  29. bankruptcy /'bæŋ.krəpt.si/ (noun) — when a business cannot pay its debts
    Example: The company filed for bankruptcy after huge losses.
    Synonyms: insolvency, failure
  30. portfolio /pɔ:t'fəʊ.li.oʊ/ (noun) — a group of investments
    Example: His portfolio includes stocks and bonds.
    Synonyms: collection, investment set

…and 20 more words in this set.

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