a record or statement of financial transactions, typically detailing debits, credits, and balances
"She deposited the cash into her high-interest savings account."
"An expense account is a specific sum of money allocated to an employee to cover costs incurred in the course of performing their professional duties."
acquisition/ˌækwɪˈzɪʃən/noun
the act of buying or obtaining something, especially something that is valuable
"The company's latest acquisition gives it a major market advantage."
"The company's strategic acquisition of its smaller competitor significantly expanded its market share and product offerings."
credit/ˈkrɛdɪt/noun
an entry recording an increase in assets or a decrease in liabilities in an accounting system, typically on the right side of a ledger account
"Add this to credit."
"The accountant made a credit entry to reflect the received payment from the client."
index/ˈɪndɛks/noun
a system that provides the amount of prices, costs, etc. so that one can compare them with their previous value
"The price index went up."
"This consumer price index measures the average change over time in prices paid by urban consumers."
stock/ˈstɑk/noun
the funds acquired by a company or corporation through the issuance and purchase of shares
"The value of his stock portfolio rose dramatically during the boom."
"Penny stock is a pejorative term for a common share of a small public company that trades at an extremely low price and is considered highly speculative."
portfolio/pɔɹtˈfoʊɫiˌoʊ/noun
a group of shares that a person or organization owns
"He has a large portfolio."
"The investor carefully managed their diverse portfolio of stocks and bonds to maximize returns."
yield/jiːld/noun
an amount of profit gained from an investment or business
"The bond offers a high annual yield"
"This investment has a yield of about six percent annually."
Learn all 7 words in this list with spaced repetition