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Ryan'sVocabWords#1

VocabWords

QuestionAnswer
Loan a sum of money given for designated period of time which must be repaid
Budget a plan for spending and saving one’s income
Exspenses financial obligations, such as bills
Lender an individual, bank, or company who loans money
Liquid money which one has on-hand that can be freely spent
Rations a fixed amount of a product or service allowed during times of shortage
Production Quota the required amount of a specific good that must be produced in a given timeframe
Subsistence producing only what is necessary for personal use/survival
Credit a loan of money
Intrest percentage of a borrowed sum of money which must be paid in addition to the repayment of the loan itself
Subsidization money granted by the government to assist a business or industry in lowering the cost of its product/service
Outsourcing the transfer of work/production from one country to another where the cost of labor/manufacturing is cheaper
Dissident a person who opposes the authority of an established government
Graft financial gain through illegal means, typically through kickbacks and bribes
Privatize to transfer a business, industry, or service for public (government) to private control
Popular English Vocabulary sets

 

 



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