Money and business – English vocabulary
33 words · English vocabulary · Created by OpenQuiz Team
33 English words with meanings: abject poverty, absolute poverty, affluence, affluent, aggregate (n.)… Study them with flashcards, quizzes and AI speaking…
Part of the learning path: Vocabulary in Daily Life - Advance
Word list
- abject poverty /'æbdʒɛkt 'pɑ:vərti/ (phrase) — extreme poverty with almost no money or basic needs
Example:Many families in abject poverty struggle to buy food.
Synonyms: extreme poverty, destitution, severe poverty - absolute poverty /,æbsəlu:t 'pɑ:vərti/ (noun) — extreme lack of money for basic needs
Example:Many families live in absolute poverty.
Synonyms: extreme poverty, destitution - affluence /'æfluəns/ (noun) — a state of having a lot of money and wealth
Example:The city is a symbol of affluence.
Synonyms: wealth, prosperity - affluent /'æfluənt/ (adjective) — having a lot of money and wealth
Example:They live in an affluent neighborhood.
Synonyms: wealthy, well-off - aggregate (n.) /'æɡrɪɡət/ (noun) — the total amount made by adding several parts
Example:The aggregate of the costs was higher than expected.
Synonyms: total, sum, whole - aggregate (v.) /'æɡrɪɡeɪt/ (verb) — to add several amounts or parts together
Example:The company will aggregate the survey results.
Synonyms: combine, collect, gather - alleviate debt /ə'li:vieɪt dɛt/ (phrase) — make a debt smaller or easier to pay
Example:The bank agreed to alleviate debt for struggling borrowers.
Synonyms: reduce debt, ease debt, lessen debt - allocate funds /'æləkeɪt fʌndz/ (phrase) — set money aside for a particular purpose
Example:The city will allocate funds for new schools.
Synonyms: set aside money, budget for, designate funds - allowance /ə'laʊəns/ (noun) — a small amount of money given regularly for personal use
Example:She gets a small allowance each week.
Synonyms: stipend, pocket money, spending money - APR /,eɪ pi: 'ɑr/ (noun) — the yearly cost of borrowing money, shown as a percentage
Example:The APR on the loan is 12%.
Synonyms: annual percentage rate, interest rate, yearly rate - ballpark figure /'bɔ:l,pɑ:rk 'fɪɡjər/ (phrase) — an approximate number or amount
Example:Can you give me a ballpark figure for the repairs?
Synonyms: estimate, approximation, rough figure - bequeath /bɪ'kwi:θ/ (verb) — to leave money or property to someone in a will
Example:She decided to bequeath her house to her niece.
Synonyms: leave, willed, pass on - bequest /bɪ'kwest/ (noun) — money or property left to someone in a will
Example:He received a small bequest from his aunt.
Synonyms: inheritance, legacy, gift - better off /,betər 'ɔf/ (phrase) — in a better situation, especially with more money or comfort
Example:We would be better off saving more money each month.
Synonyms: in a better situation, better positioned, more comfortable - bounce /baʊns/ (verb) — to be returned by a bank because there is not enough money
Example:The bank bounced the cheque because there was not enough money.
Synonyms: reject, return, dishonor - breadline /'brɛdlaɪn/ (noun) — the level of very little money needed to live
Example:She is living on the breadline.
Synonyms: poverty line, subsistence level - broke /broʊk/ (adjective) — having no money left
Example:I'm broke until payday.
Synonyms: penniless, cash-strapped, skint - capital asset /'kæpɪtəl 'æsɛt/ (noun) — a valuable long-term item used to make money or run a business
Example:The factory building is a capital asset.
Synonyms: asset, fixed asset, long-term asset - charge to (a credit card) /tʃɑ:rdʒ tu:/ (phrase) — to pay for something using a credit card
Example:They charged the hotel bill to my credit card.
Synonyms: bill, put on card, pay by card - class /klæs/ (noun) — a group of people with similar social or economic status
Example:She grew up in a wealthy social class.
Synonyms: social group, stratum, rank - coal mine /'koʊl maɪn/ (noun) — A deep hole or tunnel in the ground where coal is dug out.
Example:The coal mine closed last year.
Synonyms: colliery, mine - coal-fired /,koʊl 'faɪərd/ (adjective) — Powered by burning coal.
Example:The town has a coal-fired power plant.
Synonyms: coal-powered, coal-burning - consumption /kən'sʌmpʃən/ (noun) — The amount of something used or eaten.
Example:We should reduce our water consumption.
Synonyms: use, usage, consuming - cost-cutting exercise /'kɒst ,kʌtɪŋ 'eksəsaɪz/ (phrase) — an effort to reduce spending and save money
Example:The company launched a cost-cutting exercise last year.
Synonyms: spending reduction, savings plan, budget cut - cover (v.) /'kʌvər/ (verb) — to pay for or provide the cost of something
Example:The company will cover the travel costs.
Synonyms: pay for, meet, finance - debit card /'dɛbɪt kɑ:rd/ (noun) — a card that lets you spend money directly from your bank account
Example:I paid for lunch with my debit card.
Synonyms: bank card, cash card, ATM card - debt /dɛt/ (noun) — money that is owed to someone else
Example:She paid off her debt last year.
Synonyms: loan, money owed - debt burden /'dɛt ,bɜ:rdən/ (phrase) — the heavy amount of money owed by a person or country
Example:The debt burden was too heavy for the country.
Synonyms: debt load, debt pressure - debt relief /'dɛt rɪ'li:f/ (phrase) — help that reduces or removes money owed
Example:The program offered debt relief to poor countries.
Synonyms: debt forgiveness, debt reduction - debtor country /'dɛtər 'kʌntri/ (phrase) — a country that owes a large amount of money to others
Example:The debtor country asked for more time to repay.
Synonyms: borrowing country, indebted country
…and 3 more words in this set.
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