thematic words on economy part 1
TRANSCRIPT
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Vocabulary Input ProgrammeTopic : Economy
aboutmuet ink isas.b logspot.myPart 1
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AFFILIATE1
(noun)a branch organisation, a person or organization officially attached to a
larger body
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ARBITRATOR2
(noun) a person empowered to decide a dispute or settle
differences as contract terms involving labour and management
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ASSET3
(noun) : assets (pl.)property owned by a person or
company, regarded as having value and available to meet debts,
commitments, or legacies
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ARREAR4
(noun) : arrears (pl.)something overdue in payment;
a debt that remains unpaid.
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BANKRUPT5
(adjective)unable to pay debts
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BANKRUPTCY6
(noun) : bankruptcies (pl.)a condition of financial failure caused
by not having the money that you need to pay your debts
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BUDGET7
(noun)an amount of money available for
spending that is based on a plan for how it will be spent
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CAPITAL8
(noun)money, property, etc., that is used to
start or operate a business
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CASH9
(noun)money in the form of coins and bills or money along with other things (such
as stocks) that can be quickly changed into money
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CASH-AND-CARRY10
(noun)a store where businesses and other
customers can pay cash for goods at low prices and take them away instead
of having them delivered
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CONSUMER11
(noun) : consumers (pl.)a person who buys
products and services
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CONSUMER GOODS12
(noun, plural) products that people buy for personal
use or for use at home
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CREDIT13
(noun) : credits (pl.) money that a bank or business will allow a person to use and then pay
back in the future
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CURRENCY14
(noun) : currencies (pl.) the specific kind of money
a country uses
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DEBT15
(noun) : debts (pl.) an amount of money that you owe to a
person, bank, company, etc.
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DEFICIT16
(noun) : deficits (pl.) an amount (such as an amount of
money) that is less than the amount that is needed
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DEPOSIT17
(verb) to put (money) in a bank account
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DEPRESSION18
(noun) a period of time in which there is little economic activity and many people do
not have jobs
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ECONOMICS19
(noun) a science concerned with the process or system by which goods and services
are produced, sold, and bought
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ECONOMY20
(noun) : economies (pl.) the process or system by which goods and services are produced, sold, and
bought in a country or region
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Vocabulary Input ProgrammeTopic : Economy
aboutmuet ink isas.b logspot.myPart 1