Phrasal Verbs 1
Help someone out of a difficult situation, especially by giving money.
(Ex: His parents had to bail him out when he got into debt.)
bail someone out
Financial protection against loss or damage.
(Ex: Car insurance is mandatory in many countries.)
insurance
Reduce the amount of something. (Ex: She wants to cut down on sugar.)
Cut down on
A form filed with the government to declare income and taxes paid.
(Ex: I need to submit my tax return before the deadline.)
TAX RETURN
Accumulate a large amount of debt or bills.
(Ex: She ran up a huge credit card bill last month.)
run up
A plan for managing money, income, and expenses.
(Ex: We need to stick to our budget this month.)
BUDGET
Take further action or check on something. (Ex: I need to follow up on that email.)
Follow up on
Unable to pay debts, often leading to financial failure.
(Ex: The company went bankrupt after years of poor management.)
BANKRUPT
Valuable things owned by a person or company.
(Ex: The company’s assets include buildings and equipment.)
ASSETS
Manage to survive or do something with difficulty. (Ex: He doesn't earn much, but he gets by.)
Get by
Money spent on necessities or other things.
(Ex: Travel expenses can be reimbursed by the company.)
EXPENSES
A loan used to buy property, usually paid in installments.
(Ex: They took out a mortgage to buy their first house.)
MORTGAGE
Save or reserve something for later. (Ex: She puts aside some money every month.)
Put aside
The amount of money needed for basic expenses like food and housing.
(Ex: The costs of living are higher in big cities.)
COSTS OF LIVING
Compare prices or options before making a purchase.
(Ex: I like to shop around before buying expensive items.)
shop around