Finance: English Vocabulary List

to repay someone for expenses or losses they have experienced

"The company reimburses travel expenses."

"The company will reimburse you for any travel expenses that you incur while on official business for them."

to seek financial contributions or donations for a particular cause, organization, or event

"They fundraise for cancer research."

"The charity organization plans to fundraise by organizing a large benefit concert with famous musicians and entertainment."

a tax paid on goods imported or exported

"The tariff raised prices on imported goods"

"The new tariff on imported steel raised prices for domestic car manufacturers significantly."

a charge or fee set, especially by authority or law

"A new levy was imposed."

"The government announced a new levy on imported goods to support domestic industries."

the total income generated from business activities or other sources

"The company revenue increased this year."

"Ad revenue is the income a content creator generates by displaying paid advertisements on their videos"

strict economic measures implemented by a government to reduce public expenditure and budget deficits

"Policy of austerity."

"The government introduced a policy of austerity to reduce spending during the economic crisis."

the process of introducing a new product or service into the market for sale

"Commercialization of sport."

"The commercialization of sport has changed many traditional games into big business opportunities."

(economics) an unprocessed material that can be traded in different exchanges or marketplaces

"The commodity is valuable"

"The commodity prices increased sharply due to global supply chain disruptions and demand changes"

an economic cycle characterized by periods of rapid economic expansion followed by periods of contraction or recession

"Economic boom-bust cycle."

"Many countries experience the boom-bust cycle where periods of growth are followed by recession."

the cost advantages that enterprises obtain due to size, output, or scale of operation

"The factory's efficiency came from economy of scale."

"Economy of scale allows large factories to produce goods at a lower cost per unit than small ones."

the business of trading and exchanging shares of different companies

"Stock market crashed."

"The stock market crashed suddenly and many investors lost a lot of money in a short time."

a decline in something's price or value

"The depreciation of the car means it loses value each year."

"The accountant calculated the depreciation of the company's delivery trucks over five years to determine their current value on paper."

the estimated residual value of an asset at the end of its useful life

"Car salvage value."

"The car had very low salvage value after the serious accident last month."

the general process of purchasing or selling something

"The online payment transaction was processed securely in seconds."

"A related-party transaction is a deal between two parties who share a pre-existing relationship"

an amount of money that a government or organization pays to lower the costs of producing goods or providing services so that prices do not increase

"The government increased the farming subsidy recently"

"The government removed the fuel subsidy causing gasoline prices to rise dramatically overnight."

a thing that achieves great widespread popularity or financial success, particularly a movie, book, or other product

"The blockbuster was popular."

"The movie became a blockbuster worldwide."

an amount of money that one pays to receive an education, particularly in a university or college

"We paid the tuition."

"The rising cost of tuition makes higher education increasingly inaccessible for many families."

a hard time in a country's economy characterized by a reduction in employment, production, and trade

"The country slipped into a recession after two quarters of negative growth."

"Many people lost their jobs during the recession last year."

a situation in which a person or business is unable to pay due debts

"Filing for bankruptcy gave the overwhelmed company a chance to reorganize."

"After years of debt, the small business finally filed for bankruptcy."

someone who buys and uses services or goods

"The consumer bought the product."

"Manufacturers must understand the evolving preferences of the modern consumer to remain competitive in the marketplace."

a person or organization that provides money or resources to a business or project with the expectation of making a profit

"The investor put money into the startup."

"The smart investor made good decisions and earned a large profit from the stock market last year."

wealth or affluence, especially when displayed in a showy manner

"The palace was decorated with opulence."

"The palace showed great opulence with gold decorations and expensive furniture everywhere."

the sum of money spent

"The initial outlay."

"The project requires a large capital outlay."

the funds and resources that a country or organization controls

"The treasury held the kingdom's gold."

"The national treasury is responsible for managing the country's money and financial resources."

a reward or payment given as motivation for completing a task or reaching an objective

"A bounty for information."

"The government offered a substantial bounty for the capture of the notorious criminal mastermind."

a situation in which the prices of assets, such as stocks, real estate, or commodities, become significantly inflated beyond their intrinsic value due to speculative investing or market hype

"The housing asset bubble finally burst."

"An asset bubble occurs when the price of something like stocks or houses rises far above its real value."

a book or digital record that contains financial transactions and balances, organized by accounts

"The accountant recorded the sale in the ledger."

"The accountant carefully recorded all transactions in the company ledger every month."

involving or about money

"His interest is pecuniary."

"His pecuniary interest in the company motivated him to work harder than anyone else."

relating to government revenue or public money, especially taxes

"Fiscal year ends soon."

"The fiscal year ends in March and the accounting department is busy preparing reports."

relating to money or currency

"Monetary policy changed."

"The monetary value of the painting increased dramatically after the artist became famous."

capable of producing a lot of profit or earning a great amount of money for someone

"The business is lucrative."

"The lucrative contract was worth millions of dollars and many companies competed for it."

desirable or sought after, especially by employers or in the marketplace

"Her skills are marketable."

"Her marketable skills include web design and digital marketing which are in high demand."

(of a business) providing benefits or valuable returns

"The business is profitable."

"The profitable company shared its earnings with employees by giving generous bonuses at the end of each fiscal year."

(of an organization, activity, etc.) operating without the goal of generating any financial benefits

"The organization is nonprofit."

"The nonprofit organization relies on donations from the community to fund its programs."

characterized by an economic system where private ownership of businesses and resources drives production and distribution with a focus on profit

"Capitalistic economy thrives."

"The capitalistic system rewards entrepreneurs who take risks and create successful businesses."

having a much higher quality and price than the rest of their kind

"This is a high-end store."

"The boutique sells high-end designer clothing that costs thousands of dollars and only wealthy shoppers can afford to buy anything there."

spending money very reluctantly

"He is parsimonious."

"The parsimonious man refused to buy new shoes even though his old ones had holes."

costing a lot of money, more than the necessary or affordable amount

"She has extravagant tastes."

"Her extravagant spending habits left her with almost no savings even though she earned a very good salary."

possessing a great amount of riches and material goods

"They live in an affluent neighborhood."

"The affluent neighborhood is filled with large houses expensive cars and private schools where wealthy families send their children."

high quality, luxurious, or intended for a wealthier clientele

"This is an upscale restaurant."

"The upscale restaurant requires reservations weeks in advance and the dress code is formal so jackets are required for men."

to give something, particularly money, to make up for the difficulty, pain, damage, etc. that someone has suffered

"The company will compensate affected customers."

"The airline offered to compensate passengers for the delayed flight by providing meal vouchers and hotel accommodations."

(particularly related to money) to gradually increase in amount or number

"Interest accrues on the loan daily."

"Interest will accrue on your savings account each month based on the current annual percentage rate offered by the bank."

to freely give goods, money, or food to someone or an organization

"People donate money to charity organizations."

"The wealthy businessman decided to donate a large sum of money to the local children's hospital."

to buy or begin to have something

"She will acquire a new car."

"The organization aims to acquire several smaller businesses to expand its market share."

to use or take something belonging to someone else, with the idea of returning it

"Students borrow books from the library."

"It is generally not a good idea to borrow money from friends because it can damage your relationship permanently."

to put an amount of money or other item of value into a bank account

"Deposit your money into a savings account."

"You need to deposit the check into your bank account before you can use the money for any purchases."

to obtain or earn something desired or needed, typically through effort or skill

"He will garner praise."

"Through years of dedicated practice, the artist managed to garner critical acclaim for his unique style."

an amount of money paid regularly to the shareholders of a company

"Get your dividend."

"The company announced a generous dividend payment to its loyal shareholders this fiscal year."

the amount of money spent to do or have something

"The company is cutting down on travel expense."

"Traveling to another country for a conference is a major expense for a small startup company."

a valuable resource or quality owned by an individual, organization, or entity, typically with economic value and the potential to provide future benefits

"The house is their greatest asset."

"The company's greatest asset is its loyal and skilled workforce which has been with the firm for many years."

a person or organization that holds a position of trust, responsibility, and confidence to manage assets or property on behalf of others

"He has a fiduciary duty to his client."

"A fiduciary has a legal responsibility to act in the best interest of their client."

a public sale in which goods or properties are sold to the person who bids higher

"The painting was sold at auction."

"The famous painting sold for a high price at the international art auction last week."

a situation in which one organization or entity exclusively controls the production, distribution, or trade of a product or service, making other rivals unable to compete

"The company has a monopoly."

"The tech giant's market monopoly allowed them to dictate prices without fear of competition."

money, food, or other resources distributed freely to those in need, typically by an organization or government

"Food handout given."

"Many poor families depend on government handout to survive during difficult economic times."

an amount of money invested in a business

"She owns a large stake in the company"

"He had a personal stake in the company's success because he invested his life savings."

the regular costs required for maintaining a business or an organization

"Overhead costs are high."

"The business owner carefully tracked all overhead expenses like rent and utilities to ensure profitability and manage operational costs effectively."

(in business) concentrating on or using something a lot, such as a piece of equipment, etc.

"This is intensive work."

"The marketing team employed an intensive advertising strategy to capture a larger market share."

having or showing great expense, richness, or luxury

"A lavish party."

"The lavish feast included multiple courses and was adorned with the finest decorations."