Describing Financial Behaviours: English Vocabulary List

(of a person) careful to avoid danger or mistakes

"Be cautious."

"The cautious driver slowed down at every intersection even when the light was green because she had seen too many accidents caused by reckless drivers."

incapable of fulfilling financial obligations due to a lack of money

"He is insolvent."

"The bank declared the business insolvent after it failed to make its loan payments for six months and all of the assets were sold to pay the debts."

having an extreme reluctance to spend money or resources

"The old man is miserly."

"The miserly old man lived in a cold dark house with almost no furniture because he refused to spend money on heating or anything else that was not necessary."

having committed to or taken on more tasks, responsibilities, or financial obligations than can be comfortably managed

"The company is overextended."

"The overextended credit card company had lent money to too many risky borrowers and it eventually collapsed when those borrowers could not pay back their loans."

(of a person) unwilling to spend money

"She is penny-pinching."

"The penny-pinching traveler slept at the airport instead of paying for a hotel room and ate only instant noodles for the entire two week trip."

interested in making money or achieving financial gains

"He is profit-minded."

"The profit-minded executive cared only about increasing sales and he did not care about the well being of his employees at all."