15 essential words — with definitions, examples and pronunciation. Double-click any word to look it up instantly.
assetsnoun
Things of value owned by a person or company.
“Her assets include property and shares.”
bankruptadjective
Unable to pay debts, officially declared insolvent.
“The company went bankrupt after losing a major contract.”
budgetnoun
A plan for spending money over a period.
“We need to stick to our budget this month.”
debtnoun
Money owed to someone.
“He has significant debt from his student loan.”
dividendnoun
A share of profits paid to investors.
“The company paid a dividend of £1.20 per share.”
expenditurenoun
The total amount of money spent.
“Government expenditure on health has increased.”
inflationnoun
A general rise in prices over time.
“High inflation has made everyday goods more expensive.”
interestnoun
Money paid for borrowing, or earned from savings.
“The bank charges 5% interest on the loan.”
investverb
To put money into something to gain profit.
“She invested her savings in property.”
mortgagenoun
A loan to buy property, repaid over many years.
“They took out a 25-year mortgage to buy the house.”
pensionnoun
Regular income paid after retirement.
“She has been saving into a pension since she was 30.”
recessionnoun
A period of economic decline.
“Unemployment rose sharply during the recession.”
revenuenoun
Income, especially of a company or government.
“The company's revenue grew by 15% last year.”
savingsnoun
Money set aside for future use.
“She used her savings to pay for the holiday.”
transactionnoun
An instance of buying or selling.
“The bank charged a fee for overseas transactions.”
Vocabulary Quiz
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