a

affluent ·adjective

Definition: having a lot of money Level: C1

a

allowance ·noun (MONEY)

Definition: money that you are given regularly, especially to pay for a particular thing Level: C1

a

asset ·noun (WORTH MONEY)

Definition: something which a person or company owns which has a value Level: C1

b

bankrupt ·adjective

Definition: unable to continue in business because you cannot pay your debts Level: C1

b

borrow ·verb (MONEY)

Definition: to get money from a bank or financial organization and pay it back over a period of time Level: C1

b

bribe ·noun

Definition: money or a present given to someone so that they will do something for you, usually something dishonest Level: C1

c

cheap ·adjective (LOW QUALITY)

Definition: low in price and quality Level: C1

c

compensate ·verb (MONEY)

Definition: to pay someone money because you are responsible for injuring them or damaging something Level: C1

c

cover ·verb (FINANCIAL PROTECTION)

Definition: to provide financial protection if something bad happens Level: C1

c

cover ·verb (MONEY)

Definition: to be enough money to pay for something Level: C1

c

cover ·noun (FINANCIAL)

Definition: financial protection so that you get money if something bad happens Level: C1

c

crash ·verb (MONEY)

Definition: If a financial market crashes, prices suddenly fall by a large amount. Level: C1

c

crash ·noun (BUSINESS)

Definition: when the value of a country's businesses suddenly falls by a large amount Level: C1

e

expenses ·noun

Definition: money that you spend when you are doing your job, that your employer will pay back to you Level: C1

f

fund ·noun

Definition: an amount of money collected, saved, or provided for a purpose Level: C1

f

fund ·verb

Definition: to provide the money to pay for an event, activity or organization Level: C1

f

funding ·noun

Definition: money given by a government or organization for an event or activity Level: C1

g

gross ·adjective (TOTAL)

Definition: A gross amount of money has not had taxes or other costs taken from it. Level: C1

i

inclusive ·adjective

Definition: An inclusive price or amount includes everything. Level: C1

i

interest ·noun (MONEY CHARGED)

Definition: money which is charged by a bank or other financial organization for borrowing money Level: C1

i

interest ·noun (MONEY EARNED)

Definition: money that you earn from keeping your money in an account in a bank or other financial organization Level: C1

l

lose ·verb (MONEY)

Definition: to make less money than you spend Level: C1

l

loss ·noun (MONEY)

Definition: when a business spends more money than it earns Level: C1

o

overdraft ·noun

Definition: If you have an overdraft, you have taken more money out of your bank account than you had in it. Level: C1

o

overdrawn ·adjective

Definition: If you are overdrawn, you have taken more money out of your bank account than you had in it. Level: C1

p

payable ·adjective (TO BE PAID)

Definition: describes something to be paid Level: C1

p

payable ·adjective (FOR PERSON)

Definition: If a cheque is payable to a person, that person's name is written on the cheque and the money will be paid to them. Level: C1

p

price ·verb

Definition: to say what the price of something is Level: C1

p

prosperity ·noun

Definition: when a person or group of people is successful, usually by earning a lot of money Level: C1

p

prosperous ·adjective

Definition: successful, usually by earning a lot of money Level: C1

r

rip-off ·noun

Definition: when someone is cheated by being made to pay too much for something Level: C1

r

rise ·noun (PAY)

Definition: an increase in the amount of money you earn Level: C1

s

saving ·noun (LESS MONEY)

Definition: when you use or spend less money than you would usually have to Level: C1

s

sector ·noun

Definition: one part of a country's economy Level: C1

s

sponsorship ·noun

Definition: when someone gives money to support something Level: C1

s

stock market ·noun

Definition: the place where stocks and shares in companies are bought and sold Level: C1

s

subsidy ·noun

Definition: money given by a government or other organization to pay part of the cost of something Level: C1

t

tax ·verb

Definition: to make someone pay a tax Level: C1

t

transaction ·noun

Definition: when someone buys or sells something, or when money is exchanged Level: C1

t

turnover ·noun (BUSINESS)

Definition: the amount of business that a company does in a period of time Level: C1

u

unaffordable ·adjective

Definition: too expensive for people to be able to buy Level: C1

w

well-off ·adjective

Definition: having a lot of money Level: C1

w

withdraw ·verb (MONEY)

Definition: to take money out of a bank account Level: C1