Economy English Vocab

Question 1

Résumé

Answer 1

a list of your education, experience, and interest. You would submit this to an employer when applying for a job

Question 2

Bankruptcy

Answer 2

when an individual or a company has more debt than value

Question 3

ATM

Answer 3

a machine that deposits or gives money, which is connected to your bank account

Question 4

Checking Account

Answer 4

an account held at a bank that allows you to withdraw money and write checks.

Question 5

Savings Account

Answer 5

an account held at a bank, which is used primarily to save money.
Una cuenta en un banco que se utiliza pricipalmente para ahorrar dinero.

Question 6

Debt

Answer 6

money that you owe (dinero que debes).

Because I have a lot of debt, I was unable to get a bank loan.

Question 7

To deposit

Answer 7

to put money into an account

Question 8

To finance

Answer 8

to provide money for a person, company or school

Question 9

To invest

Answer 9

in a financial perspective, it is to take money and try to increase its value

Question 10

To borrow

Answer 10

to take money from an individual or company with an agreement

Question 11

To lend

Answer 11

to give money to an individual or company with an agreement

Question 12

Short term

Answer 12

a time period that has a small window.

Question 13

Stock market

Answer 13

a place where stocks of companies are traded

Question 14

Multinational Company

Answer 14

a company that is located and does business in many countries

Question 15

Strike

Answer 15

when workers decide not to work and sometimes protest

Question 16

Sales Tax

Answer 16

additional money that is paid to the government when you buy items

Question 17

Foreign Investment

Answer 17

to put money in a country different than your own

Para poner dinero en un país diferente al suyo.

Question 18

Labor Union

Answer 18

an organized group of workers who negotiate together to provide the best working terms for the members.
Un grupo organizado de trabajadores que negocian juntos para recibir los mejores términos de trabajo para los miembros.

Question 19

Consultant

Answer 19

someone who advises you on important business decisions.

Question 20

Accountant

Answer 20

someone who prepares and verifies your financial statements.
Alguien que prepara y verifica sus estados financieros

Question 21

Executive

Answer 21

a senior person in a leadership position at a business

Una persona mayor en un puesto liderazgo en una compañía.