Money: English Vocabulary List

an entry indicating an increase in assets or an expense, and a decrease in debts or income

"The debit reduced balance."

"He made a debit from the account for the purchase."

the act of providing a sum of money for running a business, activity, project, or individual needs, typically through loans, investments, etc.

"Financing is available."

"The project needs financing before it can begin."

an amount of money given by the government or another organization for a specific purpose

"The grant helped."

"The scientist received a research grant from the National Science Foundation to study the effects of climate change on coral reefs."

a sum of money that is borrowed from a bank which should be returned with a certain rate of interest

"The loan was approved."

"He took a loan to buy a car."

the sum of money that is gained after all expenses and taxes are paid

"The company made a large profit."

"The business made a significant profit this year and decided to share it with all employees."

the level of wealth, welfare, comfort, and necessities available to an individual, group, country, etc.

"This country has a high standard of living."

"The standard of living in this city has improved greatly over the past ten years."

a document given by a bank to an account holder, providing a summary of all financial transactions within a specified period

"The bank statement arrived today."

"She checked the bank statement for mistakes."

the quantity or amount by which something is reduced

"The population decrease caused school closures."

"There was a sharp decrease in the number of tourists visiting the country after the government issued a travel warning due to political instability."

to set an amount that is needed as payment for a product or a service

"The store prices items competitively."

"The store decided to price the new product competitively to attract customers away from its main rival."

to get goods or services in exchange for money or other forms of payment

"She purchases a new laptop online."

"He decided to purchase a new laptop because his old one was too slow to run modern software."

a machine that allows customers to perform financial transactions such as withdrawals, deposits, transfers, etc.

"The automated teller machine is broken."

"She stopped at the automated teller machine to withdraw cash before going to the farmer's market where most vendors did not accept credit cards."

an amount of money that is paid back because of returning goods to a store or one is not satisfied with the goods or services

"The store gave me a full refund for the damaged item."

"The store gave her a full refund after she returned the defective blender that had stopped working after only two uses."

to add a sum of money to a bank account

"They credit your account."

"Please ensure the bank will credit the payment to your account within two business days."

the system in which money, goods, and services are produced or distributed within a country or region

"The economy is very important."

"A strong economy depends on a well-educated workforce, stable policies, and consistent investment in infrastructure development."

relating to the production, distribution, and management of wealth and resources within a society or country

"The policy is economic."

"The economic downturn significantly impacted businesses, leading to widespread layoffs and reduced consumer spending."

a systematic process of recording, summarizing, analyzing, and reporting financial transactions and information of an organization or individual

"Good accounting is important."

"The company hired a new professional for its complex accounting and financial reporting."

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 specific amount of money set aside for a particular use

"We have a small budget."

"The company carefully managed its marketing budget to ensure maximum return on investment."

assets used to generate more assets, especially in business or production

"We need more capital."

"Securing sufficient capital is essential for any startup looking to scale its operations and achieve long-term profitability."

the act of managing large sums of money, especially by governments or corporations

"This is public finance."

"The government's careful management of public finance is crucial for economic stability."

the act or process of putting money into something to gain profit

"His best investment was buying land years ago."

"Buying a house is usually a good long-term investment that can increase in value over time."

the act of getting money from a person or an organization with the agreement to repay the borrowed amount along with any related interest or fees within a specified period

"Borrowing can help."

"Borrowing money should be done carefully."

the condition or state of owing money

"He has debt."

"The small business struggled with overwhelming debt after a few difficult years of operation."

to have something as one's own

"He possesses great artistic talent."

"It is illegal to possess certain weapons without a valid license issued by the proper authorities."

the process of supplying shops and other businesses with products to be sold

"The distribution of goods increased."

"Efficient distribution channels are crucial for ensuring that products reach consumers in a timely and cost-effective manner."

the ongoing increase in the general price level of goods and services in an economy over a period of time

"Inflation makes prices go up."

"High inflation erodes the purchasing power of money, making it more expensive for people to buy everyday necessities."

a financial aid provided by the government for people who are sick, unemployed, etc.

"They need welfare."

"The government provides welfare programs to support citizens during times of unemployment or illness."

a state in an account where the total credits exactly equal the total debits, leaving no difference

"The balance is good."

"After reconciling all transactions, the accountant ensured the account balance was accurate and without discrepancies."

a sudden decrease in something's value, such as a price or stock

"The stock collapse."

"The unexpected collapse of the housing market led to widespread economic instability and job losses."

(of prices, shares, etc.) to suddenly decrease in terms of amount or value

"The prices collapse."

"Many investors feared the stock market would collapse due to the unexpected economic downturn."

money that is lost by a company, organization, or individual

"The loss was painful."

"The loss of the file caused a lot of trouble."

a trained individual who evaluates information and data to provide insights and make informed decisions in various fields such as finance, economics, business, technology, etc.

"The analyst was careful."

"The analyst studied the numbers and explained the trend clearly."

a person who possesses or has a high rank in a bank or any other financial institution

"The banker smiled politely."

"The banker advised the customer about the best account option."

a specified amount of money charged or paid for something

"What is the rate?"

"The interest rate on the loan was surprisingly low, making it an attractive offer."

to take advantage of someone by charging them too much money or selling them a defective product

"Some sellers rip off unsuspecting tourists."

"The dishonest mechanic tried to rip off the customer by charging her for repairs that were not actually needed."

something that costs a lot more than its real value

"That was a rip-off."

"The price he paid for the used car was a complete rip off because the engine failed just one week after he drove it off the lot."

someone who buys or holds a certain asset or market expecting that their prices will increase, allowing them to sell at a profit

"He is a bull."

"As a seasoned bull in the stock market, he consistently invested in companies he believed would grow significantly."

someone who sells financial instruments expecting that their prices will fall, allowing them to repurchase them later at a lower price and make a profit

"She is a bear."

"The cautious bear predicted a market downturn and strategically sold his holdings for future repurchase."

to use the available supply of something, leaving too little or none

"We run out of milk quickly."

"We need to buy more milk because we are about to run out and the children will want cereal for breakfast."