Unit 1
English word Examples Definition
To invest He doesn’t invest in the arms To finance, to spend
industry on principle.
To deposit I would like to deposit To bank, to place an amount of
5,789.50 euro in my checking money on your account.
account.
To waste Politicians should stop wasting To ruin
public money on frivolous
projects.
To withdraw Yesterday, her husband To retreat
unexpectedly withdrew
150,000 dollar from their
mutual checking account.
To accumulate During a successful business To gather, to collect
career, the entrepreneur has
accumulated a great amount
of wealth.
To owe The company is going To be in debt to someone
bankrupt as they owe a
massive amount of money to
multiple banks.
To transfer There are no mechanisms for To move, to relocate
transferring funds from one
department to another.
To consolidate This company has consolidated To merge, to combine
its position as the country’s
leading gas supplier.
To borrow Government expenditure is To use from somebody
financed by taxation and by
borrowing.
To regulate The government is working on To control, to legalize
new rules to regulate large
investors.
A salary My mom is a teacher and A fixed amount of money
earns a salary every month. agreed every year as pay for
an employee, usually paid
directly into his or her bank
account every month
A wage My friend works in a bar and A particular amount of money
earns a wage every week. that is paid, usually every
week, to an employee,
especially one who does work
that needs physical skills or
strength, rather than a job
needing a college education
A net income Next year, her net income will The total income of a company
increase to almost £19,000, after all tax and other costs
thanks to the increases in tax have been paid.
, credits.
A revenue The company has an estimated money that a company
annual revenue of $50 million. receives, especially from
selling goods or services
To lend The bank lent him the money If a bank or other organization
necessary to buy the house. lends money, it gives money to
someone who agrees that they
will pay the money back in the
future, usually with extra
money added to the original
amount
To borrow I borrowed money from the To take money from a bank or
bank to pay my debts. other financial organization
and pay it back over a period
of time
An obligation If you owe or will owe money An act or course of action to
to anybody, that is one of your which a person is morally or
financial obligations. legally bound; a duty or
commitment.
A bond I invested some money in A debt security that represents
savings bonds. a loan made by an investor to
a borrower (typically corporate
or governmental). Most of the
time there is an interest paid
to the borrower yearly or
every six months.
A liability I couldn’t get any other Debts the company has.
mortgage, because I already
had some liabilities for the
payment of my car and house.
An asset The company sold one of their An item that has value or the
machines, because their power to earn money for a
accountant advised them to bussiness
sell some assets.
Finance You need to speak to someone The management of money
in the finance department. and other assets.
is a term for matters regarding
management,creation,and
study of money and
investments. It involves the
use of credit and
debt,securities and investment
to finance current projects
using future income flows
Personal finance This weekend we've launched The activity of managing your
a new online guide to personal own money
finance.
Public finance He is an economist who The management of
specializes in public finance government money
, and international debt.
Corporate finance He was the head of the US The process of providing
bank's Italian corporate companies with money to
finance division. invest in their businesses.
the division of finance that
deals with how corporations
address funding sources,
capital structuring, and
investment decisions.
A tax system / Principle-based set of
interconnected parts
(elements) in the field of
taxation.
a legal system for assessing
and collecting taxes
A mortgage They took out a £400,000 An agreement that allows you
mortgage (= they borrowed to borrow money from a bank
£400,000) to buy the house. or similar organization,
especially in order to buy a
house, or the amount of
money itself
Savings I’m going to put some of my The money you keep, esp. in a
savings into a down payment bank or other financial
on a car. organization
Money kept aside for future
investments or when times get
tough.
Asset managing Her company provided asset The management of
management for other someone's money, stocks,
financial institutions. shares, etc.
Debt issue If it presses ahead, a debt issue Any fixed corporate
could run to hundreds of obligations, as bonds or
millions of pounds and be debentures
launched within weeks.
refers to a financial obligation
that allows the issuer to raise
funds by promising to repay
the lender at a certain point in
the future and in accordance
with the terms of the contract.
Stabilization policy / A strategy used by a
government or its central bank
that is aimed at maintaining a
healthy level of economic
growth and minimal price
changes.
Retirement planning / Retirement planning involves
determining retirement