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BUSINESS and MONEY


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to make a profit
to turn a profit
a loss
money you have spent and not get back
an extravagant
describes somebody who spends a lot of money
frugal
[adj] economical, avoiding waste and luxury; scanty; poor, meager
a current account
bank account from which you can take money at any time
a deposit account
bank account which pays you interest if you leave money in it for some time; savings account, notice account
a loan
money which you borrow to buy something
a mortgage
A loan for the purchase of real property, secured by a lien on the property.
to deposit money
to put money into a bank account
to withdraw money
to take money out of a bank account
a salary
money you receive monthly for your job
broke
(adj informal) having no money
bankrupt
[adj] not being able to pay back the money you have borrowed
shares
one of the many equal parts into which a company's capital is divided
stocks
shares which are issued by the government
dividends
parts of a company's profits shared out among the shareholders
an income tax
tax on money earned as wages or salary
an excise duty
a tax on certain goods produced in a country, such as cigarettes or alcohol
to credit a bank account
to put money in a bank account
to debit a bank account
to take money out of a bank account
a discount
a percentage by which a full price is reduced to buyer by the seller
a refund
money paid back when returning something to a shop
a bargain
something bought more cheaply than usual
overpriced
too expensive
exorbitant
(adj) costing much more than its true value
worthless
(adj) having no value
priceless
(adj) extremely valuable
inflation
a general increase in prices and fall in the purchasing value of money.
a deflation
reduction of the general level of prices in an economy.
an income
money you receive
expenditure
money you spent
to lend money
to let someone use your money for a certain period of time
to borrow money from someone
to take money from someone for a period of time, usually paying interest
market potential
The estimated maximum total sales revenue of all suppliers of a product in a market during a certain period.
a building society
offer banking and related financial services, especially savings and mortgage lending.
on credit
to buy something using the credit
a rebate
A deduction from an amount to be paid or a return of part of an amount given in payment
to economise
to save money
distribution of wealth
a comparison of the wealth of various members or groups in a society.
unemployment benefits
social welfare payments made by the state or other authorized bodies to unemployed peopl
a pension
a regular payment made by the state to people of or above the official retirement age and to some widows and disabled people.
the cost of living
the amount of money you need to pay for the food, clothes etc you need to live
the supply of
opposite of - demand for
gross
opposite of - net
wholesale
[adj] opposite of - retail
revenue
income, returns, profits, gain, yield
a shop floor
the ordinary workers in a factory, or the place where they work
secondary industries
industries involved in the manufacture of goods
GNP
gross national product; the values and goods paid for in a country, including income earned in other countries.
a primary industry
industries involved in the production of raw materials.
automation
installing machinery in place of workers
a balance of payment
a difference in value between a country's import and exports
monopoly
a system where one person or company supplies all of a product in one area whitout any competition
nationalised industries
industries which were once privately owned, but now belong to the state
the key industry
the most important industry in a country