BUSINESS AND MONEY

cope with: deal successfully with a difficult situation or job

it comes as no surprise to sy. to do sy.: an unusual or unexpected event happens

technologically advanced country: a country with a kind of industry highly developed

cease to do sy.: stop doing something

make sure of sy.: become certain about sg

contrary to: completely different or opposed to something else

key in the bank account code number: type in a certain personal number into an electronic machine which provides you with cash

dig deep in sy’s pocket: look for sg. in sy’s pocket illegally

change: coins of low value

credit card fraud: a kind of crime of obtaining money by using a card given out by banks

sheer pleasure: plain feeling of happiness, enjoyment, or satisfaction

rattle the coins in the money-box: make short sharp knocking sounds of money as it moves or shakes in a boksz

make/get ₤20.000 a year: earn ₤20.000 a year

grant: an amount of money that the government or an organization gives you for a specific purpose and does not ask you to pay back

subsidy:  an amount of money that the government or another organization pays to help to reduce the cost of a product or service

scholarship: n amount of money that an organization gives to someone so that they can study at a particular school or university

sg. sells for: sg. is bought by people

withdraw money from a bank: take money from a bank account

takings: the money that a shop receives from customers; income

receipt: a document you get from someone showing that you have given them money or goods

prosperous businessman:  rich and successful man in business

costly: expensive but of very good quality

valuable: worth a lot of money

pay the bill: give money for certain services and goods

priceless: very valuable and impossible to replace

valueless: unworthy

play the stock market: do an activity of selling and buying shares

limited company:  a company whose owners are legally responsible for only a limited amount of its debts

free enterprise: a business company or organization

make the down payment on sg.: cash the first payment that you make when you are buying something and are going to pay the rest later

put in an insurance claim: ask for money paid by an organisation in case of injury which was regularly paid to that certain organisation earlier

business venture: risky work of buying or selling products or services for money

keep the money in the savings account: to continue to have a bank account that gives you interest on the money you have in it

foreign currency: money that is used in a particular country

haggle with sy. over/above sg.: argue in order to agree on the price of something

have a little nest-egg/some savings: possess an amount of money saved over a long period to use in the future

have a high expenditure: have a lot of spending

be in debt: have no money at all but spent a lot earlier

thrifty: careful about how you spend money so that you do not waste any

be paid on comission: get an extra amount of money that you earn in your job every time you sell a product or get a new cusomer

get a pay rise: have an increase in pay

lend money: give someone something for a short time, expecting that they will give it back to you later; opposite of borrow

have a high income:  earn money that someone gets from working or from investing money

inherit: receive property or money from someone who has died

in sy’s will: according to a legal document that explains what you want to happen to your money and possessions after you die

legacy: money or property that you arrange for someone to have after you die

wholesale price: price relating to the business of selling large quantities of goods, especially to people who are going to sell them in a shop

retail price: price relating to the sale of goods directly to the public for their own use

have 3 more instalments to pay: have the last three of several payments that an amount is divided into, so that you do not have to pay the whole amount at one time

share: one of the equal parts of a company that you can buy as a way of investing money

give sy. a bribe: give money or presents to someone so that they will help you by doing something dishonest or illegal

go bankrupt: owe more money than it can ever pay back

sg. falls in value: sg. is reduced in something which is worth, measured especially in money

make a bid for: offer to do work or provide a service for a particular amount of money

take sg. into account: consider something when you are trying to make a decision

rate of inflation: extent of an economic process in which prices increase so that money becomes less valuable

estimate: an amount that you guess or calculate using the information available

business in booming: business in progress

expense: an amount of money you spend in order to buy or do something

be in charge of: be responsible for taking care of

be out of stock: not avaiable

make a bargain: buy something that costs much less than normal

make no charge for delivery: not paying money for taking sg. somewhere

put sg. up for sale: decide to sell sg.

put sg. on the market: try to sell sg.

come into fortune: inherit

challenge sg.: question whether something is true, accurate, or legal

commercially viable: able to be done, or worth doing  in business

buy sg. on credit: receive goods from a shop or money from a bank and pay for it later

the account is in credit: there is some money on the bank account

go somewhere on expenses: travel on sy else’s expense

have the financial means to do sg.: have enough money for doing sg.

take over the company: take control of a firm from sy. else

buy sg. on the instalment system: take goods or services in advance and pay later in smaller parts

pay in/by instalments: give the money back in divided parts as the whole amount does not have to be paid back at one time

buy sg. on easy terms: take goods or services in advance and pay later in smaller parts

make a wise investment: put your money in a profitable thing

precious: valuable

purchase: buy

save money: put money somewhere so you can spend it later

squander money on sg.: waste money on sg.; do not use it in a sensible way

wasteful: using something carelessly, so some of it is wasted

house values appreciate: the values of houses increase gradually

give a cut in wages: reduce salaries

takeover: a situation in which one company takes control of another company by buying a majority of its shares

well-off: rich

be hard up: be in difficult financial situation

make a profit: take financial advantage

bet on sg.: risk an amount of money by saying what you think will happen, especially in a race or game. You lose the money if you are wrong and win more if you are right

take the job: start a new work

earnigs: income

current account: n arrangement in which a bank looks after your money. You can deposit (=pay in) or withdraw (=take out) money when you need to

capital: money or property that you use to start a business or invest to earn more money

monthly payment: amount of money you pay a month for buying first and paying later

make up for sg.: take the place of something that has been lost or damaged

at all costs: used for saying that something must be done, however difficult it is or however much damage it causes

consignment: an amount of goods delivered