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C1 Vocab money

QuestionAnswer
free market an economic system that is not operated by the government rather by free competition and supply and demand
stock exchange a place in which shares and stocks are traded
bankrupt (of organizations or people) legally declared as unable to pay their debts to creditors
broke having little or no financial resources
stake an amount of money invested in a business
market economy an economic system in which private businesses determine production, prices, and salaries not the government
earnings (always plural) money received for work done or services provided
incentive a payment or concession to encourage someone to do something specific
to hoard to gather and store a large supply of food, money, etc., usually somewhere secret
extravagant costing a lot of money, more than the necessary or affordable amount
to fluctuate to vary or waver between two or more states or amounts
to freeze to legally prevent money, property, or a bank account from being used or sold
to level off to reach a stable or steady state after a period of fluctuation or change
fundraising the process or provision of financial aid for something such as a charity or cause, usually through holding special events
depression a time of little economic activity and high unemployment, which lasts for a long time
equilibrium a balanced state between opposing influences or powers
monopoly a situation in which one organization or entity exclusively controls the production, distribution, or trade of a product or service, making other rivals unable to compete
merger the joining of two companies or organizations together to form a larger one
donor someone or something that gives money, clothes, etc. to a charity for free
index a system that provides the amount of prices, costs, etc. so that one can compare them with their previous value
portfolio a group of shares that a person or organization owns
near-field communication a technology that allows short-range data transfer between cell phones and other electronic devices to do things such as paying for a purchase, etc.
buck one dollar
nickel a five-cent coin of Canada and the US
dime a ten-cent coin of Canada and the US
peak the topmost point on a graph that indicates the highest level reached during a progression or development
worthless having no meaningful value, impact, or utility
costly costing much money, often more than one is willing to pay
cut a share in something monetary
prepaid already paid for
priceless having great value or importance
to privatize to change the ownership of an industry, service, or business from public to private
quotation a statement indicating the cost of a specific service or piece of work
subsidy an amount of money that a government or organization pays to lower the costs of producing goods or providing services so that prices do not increase
tariff a tax paid on goods imported or exported
accountancy an accountant's profession or tasks
to back to provide money or resources to support a business, project, or person
to consolidate to merge several financial accounts, debts, funds, into one
to deposit to put an amount of money or other item of value into a bank account
Created by: Knia
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