Shopping & Money

20 words

1. 1

   extravagantadjective/ɪkˈstrævəɡənt/

   spending or costing more than is reasonable; excessively expensive

   “Many young people prefer experiences to extravagant possessions.”

2. 2

   monetaryadjective/ˈmɒnɪtəri/

   relating to money or the management of the money supply (e.g. monetary policy)

   “Central banks use monetary policy to control inflation.”

3. 3

   dividendnoun/ˈdɪvɪdend/

   a part of a company's profits paid to shareholders

   “The company announced a higher dividend for this year.”

4. 4

   counterfeitadjective, verb, noun/ˈkaʊntəfɪt/

   made to look like the real thing in order to trick people, especially goods or money

   “Airport security seized several counterfeit passports.”

5. 5

   monopolynoun/məˈnɒpəli/

   exclusive control of a market by a single firm or organization

   “Governments may break up monopolies to promote competition.”

6. 6

   discretionaryadjective/dɪˈskrɛʃənəri/

   available for use at one's own discretion; not required or mandatory, often used about spending

   “During a recession, households often cut discretionary spending first.”

7. 7

   affluentadjective/ˈæflʊənt/

   Having a lot of money; wealthy (used in more formal contexts).

   “Many affluent families send their children to private schools.”

8. 8

   liabilitynoun/ˌlaɪəˈbɪlɪti/

   a legal responsibility for something, especially for paying money if there is a loss or damage

   “Shareholders usually have limited liability, so they are not personally responsible for the company’s debts.”

9. 9

   taxnoun / verb/tæks/

   money that people or businesses must pay to the government.

   “The government increased taxes on tobacco last year.”

10. 10

    capitalnoun/ˈkæpɪt(ə)l/

    money or assets used to start or run a business; also the city that is the seat of government.

    “Small businesses often struggle to raise the necessary capital to expand.”

11. 11

    frugaladjective/ˈfruːɡəl/

    Careful with money; economical in use or expenditure without being mean.

    “She's remarkably frugal and rarely wastes food.”

12. 12

    assetnoun/ˈæsɛt/

    something valuable owned by a person or company, such as money, buildings, or equipment.

    “The company's assets include several office buildings and a fleet of vehicles.”

13. 13

    lucrativeadjective/ˈluːkrətɪv/

    Producing a great deal of profit; profitable.

    “She left the company to start a more lucrative career in consulting.”

14. 14

    revenuenoun/ˈrevənjuː/

    the total income a company receives from sales of goods or services before costs are deducted.

    “The company's revenue grew by 15% last quarter.”

15. 15

    reimburseverb/ˌriːɪmˈbɜːs/

    To pay someone back for expenses they have paid on your behalf.

    “The company will reimburse employees for travel expenses.”

16. 16

    expenditurenoun/ɪkˈspendɪtʃər/

    The action of spending funds; the amount of money spent.

    “Public expenditure on education has increased this year.”

17. 17

    commissionnoun / verb/kəˈmɪʃən/

    a payment to someone (often a percentage) for selling something or a formal order to do a piece of work (as a verb).

    “The estate agent received a commission when the house sold.”

18. 18

    liquiditynoun/lɪˈkwɪdɪti/

    The ease with which assets can be converted into cash without significant loss of value.

    “Banks must maintain sufficient liquidity to meet deposit withdrawals.”

19. 19

    surchargenoun/ˈsɜː(r)tʃɑːdʒ/

    an extra amount of money that you have to pay on top of the usual cost

    “During holiday periods many hotels add a late‑booking surcharge.”

20. 20

    overdraftnoun/ˈəʊvədrɑːft/

    an arrangement with a bank that allows someone to withdraw more money than they have in their account, up to an agreed limit.

    “He went into overdraft after an emergency car repair.”