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Bank Vocabulary Set in Common vocabularies: Full and Detailed List

The 'Bank ' vocabulary set in 'Common vocabularies' is carefully selected from standard international textbook sources, helping you master vocabulary in a short time. Comprehensive compilation of definitions, illustrative examples, and standard pronunciation...

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retire

/rɪˈtaɪr/

Example:

My father plans to retire next year.

dismiss

/dɪˈsmɪs/

Example:

She dismissed the class early.

department

/dɪˈpɑːrt.mənt/

Example:

She works in the marketing department.

sponsor

/ˈspɑːn.sɚ/

Example:

The company is a major sponsor of the local charity run.

appoint

/əˈpɔɪnt/

Example:

They decided to appoint her as the new director.

multinational

/ˌmʌl.t̬iˈnæʃ.ən.əl/

Example:

The company has a multinational workforce.

investor

/ɪnˈves.t̬ɚ/

Example:

She is a long-term investor in the stock market.

stake

/steɪk/

Example:

He drove a stake into the ground to mark the property line.

inherit

/ɪnˈher.ɪt/

Example:

She inherited a fortune from her grandmother.

accountant

/əˈkaʊn.t̬ənt/

Example:

My accountant helps me with my taxes every year.

lend

/lend/

Example:

Can you lend me your pen for a moment?

borrow

/ˈbɑːr.oʊ/

Example:

Can I borrow your pen for a moment?

rent

/rent/

Example:

The rent is due on the first of every month.

acquire

/əˈkwaɪɚ/

Example:

The company decided to acquire a smaller competitor.

distribution

/ˌdɪs.trɪˈbjuː.ʃən/

Example:

The distribution of food to the needy was organized by volunteers.

coordinate

/koʊˈɔːr.dən.eɪt/

Example:

We need to coordinate our efforts to finish the project on time.

purchase

/ˈpɝː.tʃəs/

Example:

She made a large purchase at the department store.

stock exchange

/ˈstɑːk ɪksˌtʃeɪndʒ/

Example:

The stock exchange closed early due to the holiday.

stock market

/ˈstɑːk ˌmɑːr.kɪt/

Example:

The stock market closed higher today.

graduate

/ˈɡrædʒ.u.ət/

Example:

She is a recent graduate of Harvard University.

opportunity

/ˌɑː.pɚˈtuː.nə.t̬i/

Example:

This is a great opportunity to learn new skills.

challenge

/ˈtʃæl.ɪndʒ/

Example:

He accepted the challenge to a duel.

career

/kəˈrɪr/

Example:

She is pursuing a career in medicine.

commerce

/ˈkɑː.mɝːs/

Example:

International commerce has increased significantly.

costly

/ˈkɑːst.li/

Example:

The new car was very costly.

pioneer

/ˌpaɪəˈnɪr/

Example:

The early pioneers faced many hardships on their journey west.

abroad

/əˈbrɑːd/

Example:

She decided to study abroad for a year.

fortune

/ˈfɔːr.tʃuːn/

Example:

He inherited a vast fortune from his grandfather.

property

/ˈprɑː.pɚ.t̬i/

Example:

The house is my personal property.

cash machine

/ˈkæʃ məˌʃiːn/

Example:

I need to find a cash machine to withdraw some money.

credit card

/ˈkred.ɪt ˌkɑːrd/

Example:

I paid for the groceries with my credit card.

debit card

/ˈdeb.ɪt ˌkɑːrd/

Example:

I paid for the groceries with my debit card.

lease

/liːs/

Example:

We signed a three-year lease for the apartment.

discount

/ˈdɪs.kaʊnt/

Example:

They offer a 10% discount for students.

survey

/ˈsɝː.veɪ/

Example:

The architect conducted a survey of the building's structural integrity.

possession

/pəˈzeʃ.ən/

Example:

The family lost all their possessions in the fire.

equality

/iˈkwɑː.lə.t̬i/

Example:

The fight for gender equality continues worldwide.

poverty

/ˈpɑː.vɚ.t̬i/

Example:

Many families in the region live in extreme poverty.

charge

/tʃɑːrdʒ/

Example:

The restaurant charged us for water we didn't order.

emote

/iˈmoʊt/

Example:

The actor tended to emote too much, making his performance seem unnatural.

outsource

/ˈaʊt.sɔːrs/

Example:

Many companies outsource their customer service to call centers in other countries.

grant

/ɡrænt/

Example:

The committee decided to grant him immunity from prosecution.

warehouse

/ˈwer.haʊs/

Example:

The company stores its products in a large warehouse.

in-house

/ˌɪnˈhaʊs/

Example:

The company decided to handle all marketing in-house.

diversity

/dɪˈvɝː.sə.t̬i/

Example:

The city is known for its cultural diversity.

potential

/poʊˈten.ʃəl/

Example:

He is a potential candidate for the job.

campaign

/kæmˈpeɪn/

Example:

The general launched a new campaign against the enemy.

insecurity

/ˌɪn.səˈkjʊr.ə.t̬i/

Example:

Her constant need for validation stemmed from deep-seated insecurity.

compensation

/ˌkɑːm.penˈseɪ.ʃən/

Example:

She received a large sum as compensation for her injuries.

formal

/ˈfɔːr.məl/

Example:

The meeting requires formal attire.

demonstrate

/ˈdem.ən.streɪt/

Example:

The study demonstrates the effectiveness of the new drug.

commit

/kəˈmɪt/

Example:

He was arrested for attempting to commit fraud.

expense

/ɪkˈspens/

Example:

Buying a new car is a big expense.

reservation

/ˌrez.ɚˈveɪ.ʃən/

Example:

I made a dinner reservation for two at 7 PM.

invoice

/ˈɪn.vɔɪs/

Example:

Please send me an invoice for the services rendered.

bribery

/ˈbraɪ.bɚ.i/

Example:

The politician was accused of bribery.

corrupt

/kəˈrʌpt/

Example:

The politician was accused of being corrupt.

balance of payments

/ˈbæl.əns əv ˈpeɪ.mənts/

Example:

The country is trying to improve its balance of payments by increasing exports.

balance of trade

/ˈbæl.əns əv treɪd/

Example:

The country is trying to improve its balance of trade by increasing exports.

budget

/ˈbʌdʒ.ɪt/

Example:

We need to create a detailed budget for the upcoming project.

acquisition

/ˌæk.wəˈzɪʃ.ən/

Example:

Language acquisition is a complex process.

giant

/ˈdʒaɪ.ənt/

Example:

The fairy tale featured a benevolent giant who helped the villagers.

sales conference

/ˈseɪlz ˌkɑːn.fər.əns/

Example:

Our annual sales conference will be held in London next month.

sales representative

/ˈseɪlz ˌrɛp.rɪˈzɛn.tə.tɪv/

Example:

Our sales representative will contact you shortly to discuss your needs.

retail bank

/ˈriːteɪl bæŋk/

Example:

Most people use a retail bank for their everyday financial needs.

commercial bank

/kəˌmɜːr.ʃəl ˈbæŋk/

Example:

Most people use a commercial bank for their everyday financial needs.

investment bank

/ɪnˈvest.mənt ˌbæŋk/

Example:

She works for a leading investment bank in New York.

Internet banking

/ˈɪn.t̬ɚ.net ˌbæŋ.kɪŋ/

Example:

I use Internet banking to pay my bills every month.

slumped

/slʌmpt/

Example:

He slumped into the chair, exhausted.

upturn

/ˈʌp.tɝːn/

Example:

The economy is showing signs of an upturn.

microfinance

/ˈmaɪ.kroʊˌfaɪ.næns/

Example:

Microfinance has helped many entrepreneurs in developing countries.

disprove

/dɪˈspruːv/

Example:

The new evidence helped to disprove the old theory.

private company

/ˈpraɪ.vət ˈkʌm.pə.ni/

Example:

He decided to keep his business a private company rather than going public.

limited company

/ˈlɪmɪtɪd ˈkʌmpəni/

Example:

He decided to set up a limited company for his new business venture.

multinational company

/ˌmʌltiˈnæʃənəl ˈkʌmpəni/

Example:

Many large corporations are multinational companies.

limited partnership

/ˌlɪm.ɪ.tɪd ˈpɑːrt.nɚ.ʃɪp/

Example:

They formed a limited partnership to develop the new real estate project.

franchise

/ˈfræn.tʃaɪz/

Example:

The company operates several fast-food franchises.

destination

/ˌdes.təˈneɪ.ʃən/

Example:

Our final destination is Paris.

attract

/əˈtrækt/

Example:

Magnets attract metal objects.

incentive

/ɪnˈsen.t̬ɪv/

Example:

The bonus served as a strong incentive for employees to work harder.

petition

/pəˈtɪʃ.ən/

Example:

They collected signatures for a petition to save the local park.

contribute

/kənˈtrɪb.juːt/

Example:

He contributed a large sum to the charity.

prioritise

/praɪˈɔːr.ə.taɪz/

Example:

You need to prioritise your tasks to meet the deadline.

infrastructure

/ˈɪn.frəˌstrʌk.tʃɚ/

Example:

The country's aging infrastructure needs significant investment.

component

/kəmˈpoʊ.nənt/

Example:

The engine is a crucial component of the car.

revenue

/ˈrev.ə.nuː/

Example:

The company's annual revenue increased by 15%.

interest

/ˈɪn.trɪst/

Example:

She showed great interest in the new project.

withdraw

/wɪðˈdrɑː/

Example:

He decided to withdraw his application.

offset

/ˌɑːfˈset/

Example:

The extra cost was an offset by the increased sales.

treasurer

/ˈtreʒ.ɚ.ɚ/

Example:

The club's treasurer presented the annual financial report.

turnover

/ˈtɝːnˌoʊ.vɚ/

Example:

The company reported a significant turnover increase this quarter.

inflation

/ɪnˈfleɪ.ʃən/

Example:

The country is experiencing high inflation.

surplus

/ˈsɝː.pləs/

Example:

The company reported a budget surplus this quarter.

liability

/ˌlaɪ.əˈbɪl.ə.t̬i/

Example:

The company accepted full liability for the accident.

depreciation

/dɪˌpriː.ʃiˈeɪ.ʃən/

Example:

The car's value suffered significant depreciation over the first three years.

foreign currency

/ˈfɔːr.ən ˈkɜːr.ən.si/

Example:

I need to exchange some local money for foreign currency before my trip.

dumping

/ˈdʌm.pɪŋ/

Example:

Illegal dumping of waste is a serious environmental problem.

guarantee

/ˌɡer.ənˈtiː/

Example:

The television comes with a two-year guarantee.

insurance

/ɪnˈʃɝː.əns/

Example:

I need to get car insurance before I can drive.

embargo

/ɪmˈbɑːr.ɡoʊ/

Example:

The government imposed an embargo on arms sales to the region.

conversion

/kənˈvɝː.ʒən/

Example:

The conversion of sunlight into electricity is done by solar panels.

transfer

/ˈtræns.fɝː/

Example:

Please transfer the files to the new folder.
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