The Economy: English Vocabulary List

to provide funds or an amount of money

"The bank finances the new project."

"The bank agreed to finance the construction of the new shopping center by providing a large long term loan to the developers."

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."

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 act of remitting a person or organization's debts

"Debt relief program started."

"The government started a debt relief program to help people who cannot pay their loans on time."

the money that is regularly earned from a job or through an investment

"She has a steady monthly rental income."

"Disposable income is the amount of net income a household has available for spending and saving after all compulsory income taxes have been accounted for."

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"

the money that is paid to a professional or an organization for their services

"The membership fee is fifty dollars."

"The university charges a high tuition fee each semester plus additional fees for laboratory courses."

to withdraw more money from a bank account than is available

"Do not overdraw your account."

"He forgot to keep track of his spending and accidentally overdraw his checking account resulting in expensive penalty fees from the bank."

having little or no financial resources

"I am broke."

"After paying his rent and bills he was completely broke and he had to borrow money from his parents to buy groceries."

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."

trading practices that do not put consumers at a disadvantage

"Fair trade coffee bought."

"We buy fair trade coffee to support farmers in developing countries every month."

the practice of buying and selling goods

"Stock trading can be very risky."

"Day trading requires quick decisions and a deep understanding of how the stock market works."

‌the relationship between the amount of goods or services that are available and the amount that people want to buy, especially when this controls prices

"The price depends on supply and demand."

"The price of goods is determined by supply and demand in a free market economy system."

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 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 list of goods or services received and their total cost

"The invoice was sent"

"The invoice was sent to the client after completion of the project delivery and approval"

the process or provision of financial aid for something such as a charity or cause, usually through holding special events

"Students organized fundraising for the local shelter"

"The charity organized a fundraising gala that raised over one million dollars for cancer research."

a system of international trading in which there are no restrictions or taxes on goods bought or sold

"Free trade agreement signed."

"The free trade agreement between the two countries eliminated tariffs on most imported goods."

an economic system that is not operated by the government rather by free competition and supply and demand

"Competition drives innovation in a free market"

"The free market allows prices to be determined by supply and demand without government interference."

a change toward a smaller, lower, or reduced state

"There has been a decline in sales this month."

"The country experienced economic decline after the global financial crisis hit hard last year badly."

(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"

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 ability to obtain goods, services, or funds based on trust, allowing payment to be deferred

"He has good credit."

"The bank approved the loan based on her excellent credit history and financial stability."

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."

(of a payment, debt, etc.) scheduled or required to be paid immediately or at a specific time

"Payment is due."

"The rent payment is due on the first day of every month without fail."

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."

the occasions or events like concert or performance that are arranged with the aim of generating funds for those who are in need

"It was a benefit."

"The charity benefit concert successfully raised substantial funds for the children's hospital."

to increase in terms of amount, value, intensity, etc.

"Prices will climb quickly."

"The climber began to slowly climb the steep and treacherous mountain face."

(economics) to lose value suddenly and significantly

"The stock will crash."

"Analysts warned that the speculative bubble was about to crash, causing widespread economic turmoil."

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."

a very large sum of money

"She made a fortune."

"After years of hard work and smart investments, he finally amassed a considerable fortune."

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 take money out of an account, fund, or financial institution

"Withdraw money now."

"He decided to withdraw a large sum of money from his savings account to invest."

to legally prevent money, property, or a bank account from being used or sold

"They will freeze your bank account."

"The government decided to freeze all assets belonging to the corrupt officials."

something that is voluntarily given to someone or an organization to help them, such as money, food, etc.

"Generous donation helped."

"She made a donation to the charity."

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."

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."

to make a person or thing move from a place, situation, or person to another

"She transfers money to her savings account."

"The student decided to transfer to a different university because she was unhappy with her current program of study."

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."

any of the equal portions of a company's stock that is available for public to buy and gain benefit

"He bought a share."

"Investing in the company's share offers potential for significant returns if the business performs well."