vocab lesson 9 Flashcards

1
Q

austerity

A

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

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2
Q

depreciate

A

to decrease or cause to decrease in value or price

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3
Q

equity

A

net value; the value of a business or property minus debt owed
fairness; justice

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4
Q

frugal

A

economical; thrifty; careful or strict in avoiding unnecessary spending

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5
Q

indigent

A

extremely poor; impoverished; lacking basic necessities

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6
Q

munificient

A

generous; liberal in giving

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7
Q

pecuniary

A

having to do with money

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8
Q

recession

A

a general decline in business activity

the act of withdrawing or going back

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9
Q

renumerate

A

to pay for goods provided, services rendered, or losses incurred; to compensate for

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10
Q

solvent

A

capable of meeting financial obligations; able to pay debts

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