vocab lesson 9 Flashcards
austerity
severe and rigid restrictions, especially those brought about by difficult economic times
the quality of lacking luxury or ornamentation; bareness; simplicity
the quality of being severe or stern in appearance or manner
depreciate
to decrease or cause to decrease in value or price
equity
net value; the value of a business or property minus debt owed
fairness; justice
frugal
economical; thrifty; careful or strict in avoiding unnecessary spending
indigent
extremely poor; impoverished; lacking basic necessities
munificient
generous; liberal in giving
pecuniary
having to do with money
recession
a general decline in business activity
the act of withdrawing or going back
renumerate
to pay for goods provided, services rendered, or losses incurred; to compensate for
solvent
capable of meeting financial obligations; able to pay debts