Professional English In Use 1
A loan used to buy a house.
Mortgage
Money that you owe.
Debt
To take money with the promise to return it.
Borrow
Land or buildings you can buy or sell.
Real Estate
A loan you give to a company or government, and they pay you back with interest.
Bond
Fixed monthly pay you earn for your job.
Salary
The type of money a country uses.
Currency
To give money expecting it will be returned.
Lend
Money borrowed that must be paid back.
Loan/Credit
Prognosis, telling something beforehand
Forecast
Money you must pay to the government.
Tax
Money paid regularly after retirement.
Pension
Money or assets used to start/run a business.
Capital
The total value of goods and services a country produces.
GDP (Gross Domestic Product)
Things of value a person or company owns.
Assets
Extra hours worked beyond normal schedule.
Overtime
Extra money added to your salary/wage.
Bonus
Money paid for using property you don’t own.
rent
Doing work within the company instead of hiring outside.
Insource
All the money a company earns.
Revenue
Money owed that probably won’t be paid back.
Bad Debt
The extra cost of borrowing money.
Interest
A responsibility to pay or do something, usually money owed.
Obligation
Moving business to another country to save costs.
Offshore
When resources are limited.
Scarcity