business and money 15.05

A collection of financial, banking, and business vocabulary terms including collocations and formal correspondence terms from the provided lecture notes.

get / make (salary)

to receive money for work

grant

money given for study or project

scholarship

money for a student to study

subsidy

financial support from government

fetch

to sell for a certain price

withdraw

to take money out of a bank

takings

money received from sales

receipts

money coming in

wages

money paid for work (often weekly)

prosperous

financially successful

costly

expensive in price or effort

settle a bill

to pay a bill completely

booming

growing quickly and successfully

bankrupt

having no money to pay debts

credit

money available in an account

charge

amount of money asked for a service

fall in value

to become worth less money

come into a fortune

to inherit a lot of money

be made redundant

to lose a job

booming business

a very successful growing business

declare bankrupt

to legally say you cannot pay debts

make an investment

to put money into something for profit

stock market

place where shares are traded

account in credit

bank account with positive balance

free of charge

without paying

current account

a bank account for everyday use

household bills

regular payments for home services

savings account

a bank account for saving money

earns interest

money grows in a bank account

monthly instalments

payments made every month

down payment

first payment when buying something

business venture

a new business project

raise capital

to collect money for business

tax return

a report of income for tax

shares

units of ownership in a company

currency

system of money used in a country

enterprise

business organization

fund

money saved for a purpose

claim

request for money (e.g. insurance)

figures

numerical data

inconvenience

trouble or difficulty

endeavour

effort or attempt

delayed

happening later than planned

dispatching

sending goods

maintain

keep at level

deducting

taking away money

enclosed

included in a letter