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600 TOEIC Lesson 22

600 Essential Words for the TOEIC

TermDefinition
accounting (n) the recording and gathering of financial information for a company
accumulate (v) to gather; to collect
asset (n) something of value
audit (n) a formal examination of financial records; (v) to examine the financial records of a company
budget (n) a list of probable expenses and income for a given period; (v) to plan for expenses
build up (v) to increase over time
client (n) a customer
debt (n) something owed, as in money or goods
outstanding (adj) still due; not paid or settled
profitably (adv) advantageously
reconcile (v) to make consistent
turnover (n) the number of times a product is sold and replaced or an employee leaves and another employee is hired
Created by: drieb
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