Unit 4 Finance And Business Flashcards
Financial crash
سقوط مالی
A financial crash is when a financial system stops working
Economists are studying the causes of the financial crash to prevent similar crises in the future.
Recession
بحران یا رکود اقتصادی
Economic decline
During a bit of a recession, people tend to save more and spend less on luxury items.
Loan
Loan shark
An amount of money borrowed for any purpose
همون رباخوار خودمون
someone who lends money at very high rates of interest and will often use threats or violence to get the money back
Interest علاقه هم به معنی سود و بهره
Mortgage
An amount of money borrowed a specifically to buy a property
Regulations
Regulations are the procedures or rules set by any authority or person in charge in order for an organization business to function properly
قوانین و مقررات
Laws
Constitutional law
Laws are install instructions that are put in place by the government and apply to everyone in the country and regulations can be part of them
Constitutional law قانون اساسی
Bankrupt
Bust
Go bankrupt
Go bust
ورشکسته شدن
Bankrupt: without any money and unable to pay your debts – used about a person or business
Bust : informal to become bankrupt and have to stop operating – used about a business
The firm went bankrupt before the building work was completed.
Mr Trent lost his house when he was made bankrupt.
The supermarket isn’t there anymore – it went bust ages ago.
Borrower
Lender
وام گیرنده
وام دهنده
A borrower receives a loan and a lender gives a loan
Savings ( always with s)
Investments
Savings are money that is put into a safe place so that it cannot easily be aspen and may even make some profit in interest .
investments are money that is put into a less safe place such as a shares in a company in the hope that it will make a profit.
Be on the breadline
Be very / extremely poor
The charity supports those on the breadline by providing food and basic necessities.
Live in the lap of luxury
Leave an extremely comfortable life because you have a lot of money
We live simply during the year, but enjoy living in the lap of luxury in a nice hotel for our summer holiday
Well off
Well-to-do
Well heeled
Having plenty of money
children from well-off families
Well-to-do : rich and with a high social position
Educational facilities are best in the more well-to-do residential areas.
Well-heeled: informal
a well-heeled businessman
Spend money like water
spent too much often without thinking about it
He spends money like water. I wonder where he gets it all from.
Tighten your belt
spent less than you did before because you have less money
It comes from the idea of having to tighten your belt due to eating less during hard times.
Businesses were tightening their belts and cutting jobs.
“Cutting jobs” means that businesses are reducing their workforce by laying off employees or eliminating positions.
After losing his job, he had to tighten his belt and cut unnecessary expenses.
Make ends meet
از پس مخارج زندگی برآمدن
During the recession, families tightened their belts to make ends meet.
With rising rent prices, it’s becoming harder for many families to make ends meet.
Make a killing
Make an instant killing
Informal
Earn a lot of money very easily in a very short time
He made a killing on the stock market.
The new Internet companies have made an instant killing .
Be a money spinner
Be a real money spinner
Be a successful way of making money
The pet food business is a real money-spinner.
My dog- walking business was quite a money spinner when I was at college .
Pay through the nose
To pay much more for something than it is really worth
Pay a lot of money
We had to pay through the nose to our get or have car repaired, but at least it is working now
Many people end up paying through the nose for their car insurance policies.
