Business & Money Flashcards
Passive income
Definition: Income earned from investments, not requiring active work.
Example: She earns passive income from her stock dividends.
Make a profit
Definition: The financial gain after deducting expenses from revenue.
Example: The company made a profit of $50,000 last quarter.
Make a loss
Definition: When the cost of producing or selling something exceeds the revenue.
Example: The startup made a loss in its first year of operation.
make a Revenue
Definition: The total income generated by the sale of goods or services.
Example: The company’s revenue has grown by 10% this year.
Salary
Definition: A fixed regular payment made by an employer to an employee.
Example: He receives a monthly salary from his job at the bank.
To save up / set aside
Definition: To accumulate money over time for future use.
Example: I’m saving up for a vacation next summer.
Afford
Definition: To have enough money to pay for something.
Example: We can’t afford a new car right now.
Bargain
Definition: Something that costs less than its normal market value.
Example: The jacket was a real bargain at 50% off.
Cost of living
Definition: The amount of money required to cover basic expenses.
Example: The cost of living in the city is quite high.
Deflation
Definition: A decrease in the general price levels in an economy.
Example: The country experienced deflation during the economic downturn.
Frugal
Definition: Economical and careful when spending money.
Example: She is frugal and prefers to save rather than spend.
Funds / Funding
Definition: Money available for a specific purpose.
Example: They secured funding for the new project from investors.
Inflation
Definition: A general increase in prices and a fall in the purchasing value of money.
Example: Inflation has driven up the cost of groceries.
Overpriced
Definition: Being sold for more than it is worth.
Example: The tickets were overpriced, but we bought them anyway.
Buy in bulk
Definition: To purchase large quantities at a lower price.
Example: We save money by buying household supplies in bulk.
Cash injection
Definition: An investment of cash into a business to support or expand it.
Example: The startup received a cash injection from a venture capital firm.
Clear a debt
Definition: To pay off money that is owed.
Example: I finally cleared my credit card debt.
Financial aid
Definition: Money provided to help pay for education or other expenses.
Example: She received financial aid to help with her university fees.
Financially dependent
Definition: Relying on someone else for financial support.
Example: Many college students are financially dependent on their parents.
Financially independent
Definition: Not needing financial support from others.
Example: After getting a high-paying job, he became financially independent.
Government funding
Definition: Money provided by the government for a specific purpose.
Example: The new research program was launched with government funding.
Increase / Decrease funding
Definition: To raise or lower the amount of money allocated to a project or cause.
Example: The organization increased funding for environmental initiatives this year.
To increase/boost funding
Definition: To make more money available for a certain purpose.
Example: The school plans to increase funding for new educational programs.
To reduce/cut funding
Definition: To lower the amount of money allocated to a project or cause.
Example: Due to the economic crisis, they decided to cut funding for public services.
