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Level 4

Money and finance


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profiteer
n. one who makes a profit from war
extravagant
fancy; luxurious; immoderate
frugal
economical, thrifty
current account
an account at a bank or building society against which cheques may be drawn at any time
deposit account
a bank account that earns interest and usually requires notice of withdrawal
loan
A sum of money lent at interest
mortgage
n. a legal arrangement by which you borrow money from a bank or similar organization in order to buy a house, and pay back the money over a period for years. Hipoteca.
bankrupt
Financially ruined; impoverished
share stockholders
actionnaires
stock
The number of shares that each stockholder possesses
share
A part or portion belonging to, distributed to, contributed by, or owed by a person or group
dividend
A share of profits received by a stockholder or by a policyholder in a mutual insurance society
income tax
a personal tax, levied on annual income subject to certain deductions
excise duty
a tax that is measured by the amount of business done
discount
v. bar from attention or consideration, disregard or dismiss n. reduction in price
refund
To make repayment
bargain
Something offered or acquired at a price advantageous to the buyer
overpriced
To put too high a price or value on
exorbitant
excessive; extravagant; immoderate
inflation
A persistent increase in the level of consumer prices or a persistent decline in the purchasing power of money
deflation
A persistent decrease in the level of consumer prices or a persistent increase in the purchasing power of money
income
the amount of monetary or other returns over a given period of time
expenditure
money paid out; an amount spent
borrow
To obtain or receive (something) on loan with the promise or understanding of returning it or its equivalent
lend
To provide (money) temporarily
economise
v. scrimp and save