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Finance and Currency Vocabulary Set in IELTS General Training (Band 8-9): Full and Detailed List

The 'Finance and Currency' vocabulary set in 'IELTS General Training (Band 8-9)' 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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price fixing

/ˈpraɪs ˌfɪksɪŋ/

Example:

The company was accused of price fixing to eliminate competition.

alimony

/ˈæl.ə.moʊ.ni/

Example:

The court ordered him to pay alimony to his ex-wife.

arrears

/əˈrɪrz/

Example:

He is six months in arrears with his rent.

collateral

/kəˈlæt̬.ɚ.əl/

Example:

He put up his house as collateral for the loan.

contingency

/kənˈtɪn.dʒən.si/

Example:

We need to plan for every contingency.

lump sum

/ˈlʌmp sʌm/

Example:

She received a lump sum payment after selling her house.

overhead

/ˈoʊ.vɚ.hed/

Example:

The plane flew overhead.

top-up

/ˈtɑːp ʌp/

Example:

I need a top-up for my mobile phone credit.

bubble

/ˈbʌb.əl/

Example:

The soap created many bubbles in the water.

face value

/ˈfeɪs ˌvæl.juː/

Example:

The bond has a face value of $1,000.

outlay

/ˈaʊt.leɪ/

Example:

The initial outlay for the new business was substantial.

receivables

/rɪˈsiːvəblz/

Example:

The company's receivables increased significantly this quarter.

seed money

/ˈsiːd ˌmʌn.i/

Example:

The startup received seed money from an angel investor.

stake

/steɪk/

Example:

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

nickel

/ˈnɪk.əl/

Example:

Stainless steel contains nickel.

corkage

/ˈkɔːr.kɪdʒ/

Example:

Some restaurants charge a corkage fee if you bring your own wine.

gratuity

/ɡrəˈtuː.ə.t̬i/

Example:

The waiter received a generous gratuity for his excellent service.

building society

/ˈbɪl.dɪŋ səˌsaɪ.ə.t̬i/

Example:

We decided to take out a mortgage with a local building society.

cash dispenser

/ˈkæʃ dɪˌspen.sɚ/

Example:

I need to find a cash dispenser to get some money for the taxi.

clearing house

/ˈklɪrɪŋ haʊs/

Example:

The research institute acts as a clearing house for scientific data.

giro

/ˈdʒaɪ.roʊ/

Example:

I received my salary by giro this morning.

line of credit

/ˌlaɪn əv ˈkred.ɪt/

Example:

The bank approved a line of credit for the small business.

fintech

/ˈfɪn.tek/

Example:

The rise of fintech has transformed the banking industry.

pension pot

/ˈpen.ʃən ˌpɑːt/

Example:

He's been contributing to his pension pot for over 30 years.

child support

/ˈtʃaɪld səˌpɔːrt/

Example:

He pays child support every month for his two children.

corporate welfare

/ˈkɔːr.pər.ət ˈwel.fer/

Example:

Critics argue that corporate welfare distorts free markets.

curtailment

/kɚˈteɪl.mənt/

Example:

The government announced a curtailment of public spending.

wind down

/waɪnd daʊn/

Example:

After a long day at work, I like to wind down with a good book.
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