Wordlist: Finance and economy

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Vocabulary List : Learn New Vocabulary

Get an overview of new vocabulary with help from the table. Then take a look at the vocabulary in more detail with definitions and examples in the slideshow.
   
 
   
 
finance
 
the management of money and other assets
 
finance
 
to provide or obtain funding for a transaction or undertaking; to support financially
 
financial
 
related to the management of money and other assets
 
Treasury
 
a government department responsible for the collection, management, and expenditure of the public finances
 
monetary policy
 
the process by which the government, central bank, or monetary authority manages the supply of money, or trading in foreign exchange markets
 
boom
 
a period of prosperity or high market activity
 
inflation
 
a decline in the value of money; an increase in the quantity of money, leading to a devaluation of existing money
 
recession
 
a period of reduced economic activity
 
recovery
 
renewed growth after a slump in the economy
 
economy
 
effective management of the resources of a community or system; the collective focus of the study of money, currency and trade, and the efficient use of resources
 
economic
 
pertaining to an economy; to the study of money and its movement
 
cost of living
 
the average cost of a standard set of basic necessities of life, especially of food, shelter and clothing
 
income
 
money one earns by working or capitalising off other people's work
 
fortune
 
a lot of money
 
wealth
 
the state of being rich and having more than enough money; power of the kind associated with a great deal of money
 
poverty
 
the quality or state of having no money; the want or scarcity of means of subsistence
 
 
    • finance, finances[ˈfaɪ.næns](noun)
    • Definition:
      • the management of money and other assets
    • Example:
      • He wants to study finance.
    • finance[ˈfaɪ.næns](verb)
    • Definition:
      • to provide or obtain funding for a transaction or undertaking; to support financially
    • Example:
      • His parents financed his college education.
    • financial[faɪˈnænʃəl](adjective)
    • Definition:
      • related to the management of money and other assets
    • Example:
      • The family has financial issues.
    • Treasury(uncountable noun)
    • Definition:
      • a government department responsible for the collection, management, and expenditure of the public finances
    • Example:
      • In many countries, the Treasury is called the "ministry of finance".
    • monetary policy, monetary policies(noun)
    • Definition:
      • the process by which the government, central bank, or monetary authority manages the supply of money, or trading in foreign exchange markets
    • Example:
      • The government has just reported on their monetary policy.
    • boom, booms[buːm](noun)
    • Definition:
      • a period of prosperity or high market activity
    • Example:
      • There was an American subprime lending boom in the 1990s and early 2000s.
      • Antonym(s):
        recession
    • inflation, inflations(noun)
    • Definition:
      • a decline in the value of money; an increase in the quantity of money, leading to a devaluation of existing money
    • Example:
      • A chief measure of price inflation is the inflation rate.
      • Antonym(s):
        deflation
    • recession, recessions(noun)
    • Definition:
      • a period of reduced economic activity
    • Example:
      • Statisticians often define a recession as negative.
      • Antonym(s):
        boom
    • recovery, recoveries[ɹɪˈkʌvə(r)i](noun)
    • Definition:
      • renewed growth after a slump in the economy
    • Example:
      • Finally, the economy experienced a recovery.
    • economy, economies[iːˈkɒn.ə.mi](noun)
    • Definition:
      • effective management of the resources of a community or system; the collective focus of the study of money, currency and trade, and the efficient use of resources
    • Example:
      • There are many jobs available in the economy.
    • economic[ˌɛkəˈnɒmɪk](adjective)
    • Definition:
      • pertaining to an economy; to the study of money and its movement
    • Example:
      • The economic growth is obvious in everyday life.
    • cost of living(uncountable noun)
    • Definition:
      • the average cost of a standard set of basic necessities of life, especially of food, shelter and clothing
    • Example:
      • When you live in NYC, the cost of living is quite high.
    • income, incomes[ˈɪnˌkʌm](noun)
    • Definition:
      • money one earns by working or capitalising off other people's work
    • Example:
      • She always tries to put some of her income aside.
    • fortune, fortunes[ˈfɔːtjuːn](noun)
    • Definition:
      • a lot of money
    • Example:
      • That castle costs a fortune!
    • wealth(uncountable noun)
    • Definition:
      • the state of being rich and having more than enough money; power of the kind associated with a great deal of money
    • Example:
      • Their possessions represent their enormous wealth.
    • poverty[ˈpɒvəti](uncountable noun)
    • Definition:
      • the quality or state of having no money; the want or scarcity of means of subsistence
    • Example:
      • There's a lot of poverty in some countries.
      • Antonym(s):
        wealth
 

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Games and Quiz : Have Fun With Vocabulary

Complete the word by entering the missing letters!
finance
finance
financial
Treasury
boom
inflation
recession
recovery
economy
economic
income
fortune
wealth
poverty
 
en

     
       

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        Word and Definition

         
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        wealth
        the state of being rich and having more than enough money; power of the kind associated with a great deal of money
        boom
        a period of prosperity or high market activity
        finance
        to provide or obtain funding for a transaction or undertaking; to support financially
        financial
        related to the management of money and other assets
        economic
        pertaining to an economy; to the study of money and its movement
        poverty
        the quality or state of having no money; the want or scarcity of means of subsistence
        Treasury
        a government department responsible for the collection, management, and expenditure of the public finances
        income
        money one earns by working or capitalising off other people's work
        inflation
        a decline in the value of money; an increase in the quantity of money, leading to a devaluation of existing money
        economy
        effective management of the resources of a community or system; the collective focus of the study of money, currency and trade, and the efficient use of resources
        fortune
        a lot of money
        cost of living
        the average cost of a standard set of basic necessities of life, especially of food, shelter and clothing
        recession
        a period of reduced economic activity
        recovery
        renewed growth after a slump in the economy
        finance
        the management of money and other assets
         
         
         
         

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