Avatar of Vocabulary Set General Financial And Economic Terminology

General Financial And Economic Terminology Vocabulary Set in Finance And Banking: Full and Detailed List

The 'General Financial And Economic Terminology' vocabulary set in 'Finance And Banking' 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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interest

/ˈɪn.trɪst/

Example:

She showed great interest in the new project.

exchange rate

/ɪksˈtʃeɪndʒ reɪt/

Example:

The exchange rate between the dollar and the euro fluctuates daily.

inflation

/ɪnˈfleɪ.ʃən/

Example:

The country is experiencing high inflation.

deflation

/dɪˈfleɪ.ʃən/

Example:

The country is currently experiencing a period of economic deflation.

GDP

/ˌdʒiː.diːˈpiː/

Example:

The country's GDP grew by 3% last quarter.

GNP

/ˌdʒiː.enˈpiː/

Example:

The country's GNP increased by 3% last year.

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.

tariff

/ˈter.ɪf/

Example:

The government imposed a new tariff on imported cars.

trade deficit

/ˈtreɪd ˌdef.ɪ.sɪt/

Example:

The country has been struggling with a large trade deficit for years.

trade surplus

/treɪd ˈsɝː.pləs/

Example:

The country achieved a significant trade surplus last quarter.

budget deficit

/ˈbʌdʒɪt ˈdɛfɪsɪt/

Example:

The country is facing a significant budget deficit this year.

budget surplus

/ˈbʌdʒɪt ˈsɜːrpləs/

Example:

The country achieved a significant budget surplus last year due to strong economic growth.

fiscal policy

/ˈfɪs.kəl ˈpɑː.lə.si/

Example:

The government announced new fiscal policy measures to stimulate growth.

monetary policy

/ˈmɑː.nɪ.ter.i ˈpɑː.lə.si/

Example:

The central bank announced a shift in its monetary policy to combat inflation.

supply and demand

/səˌplaɪ ən dɪˈmænd/

Example:

The price of oil is determined by supply and demand.

market equilibrium

/ˈmɑːrkɪt ˌiːkwɪˈlɪbriəm/

Example:

At market equilibrium, there is no shortage or surplus of goods.

monopoly

/məˈnɑː.pəl.i/

Example:

The company has a virtual monopoly on the market.

oligopoly

/ˌɑː.lɪˈɡɑː.pəl.i/

Example:

The airline industry is often cited as an example of an oligopoly.

competition

/ˌkɑːm.pəˈtɪʃ.ən/

Example:

There's fierce competition for jobs in the current market.

elasticity

/ˌi.læsˈtɪs.ə.t̬i/

Example:

Rubber bands are known for their high elasticity.

recession

/rɪˈseʃ.ən/

Example:

The country is currently experiencing a deep recession.

depression

/dɪˈpreʃ.ən/

Example:

She has been suffering from severe depression for years.

unemployment

/ˌʌn.ɪmˈplɔɪ.mənt/

Example:

The government is working to reduce unemployment.

labor market

/ˈleɪ.bər ˌmɑːr.kɪt/

Example:

The government is implementing policies to improve the labor market.

incentive

/ɪnˈsen.t̬ɪv/

Example:

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

subsidy

/ˈsʌb.sə.di/

Example:

The government provides subsidies to farmers.

taxation

/tækˈseɪ.ʃən/

Example:

The government announced new taxation policies to fund public services.

progressive tax

/prəˌɡres.ɪv ˈtæks/

Example:

Many countries implement a progressive tax system to reduce income inequality.

regulation

/ˌreɡ.jəˈleɪ.ʃən/

Example:

New safety regulations have been introduced.

deregulation

/ˌdiː.reɡ.jəˈleɪ.ʃən/

Example:

The government announced a new policy of deregulation to boost the economy.

purchasing power

/ˈpɝː.tʃə.sɪŋ ˌpaʊ.ɚ/

Example:

Inflation erodes the purchasing power of money.

interest rate

/ˈɪn.trəst ˌreɪt/

Example:

The central bank decided to raise the interest rate to control inflation.

capital

/ˈkæp.ə.t̬əl/

Example:

London is the capital of the United Kingdom.

investment

/ɪnˈvest.mənt/

Example:

His investment in the stock market paid off handsomely.

entrepreneurship

/ˌɑːn.trə.prəˈnɝː.ʃɪp/

Example:

She studied entrepreneurship in college.

risk

/rɪsk/

Example:

Smoking increases the risk of heart disease.

profit

/ˈprɑː.fɪt/

Example:

The company reported a significant profit this quarter.

loss

/lɑːs/

Example:

The company reported a significant financial loss this quarter.

mergers and acquisitions

/ˈmɜːrdʒərz ənd əˌkwɪˈzɪʃənz/

Example:

Our firm specializes in mergers and acquisitions.

dividend

/ˈdɪv.ə.dend/

Example:

The company announced a quarterly dividend of 50 cents per share.

economy

/iˈkɑː.nə.mi/

Example:

The country's economy is growing rapidly.

market

/ˈmɑːr.kɪt/

Example:

I bought fresh vegetables at the local market.

stock market

/ˈstɑːk ˌmɑːr.kɪt/

Example:

The stock market closed higher today.

bond market

/ˈbɑːnd ˌmɑːr.kɪt/

Example:

The central bank's decision had a significant impact on the bond market.

foreign exchange market

/ˈfɔːr.ɪn ɪksˈtʃeɪndʒ ˈmɑːr.kɪt/

Example:

The foreign exchange market operates 24 hours a day, five days a week.

capital market

/ˈkæpɪtl ˈmɑːrkɪt/

Example:

The company raised funds through the capital market.

bankruptcy

/ˈbæŋ.krəpt.si/

Example:

The company filed for bankruptcy after years of financial struggles.

unemployment rate

/ʌnɪmˈplɔɪmənt reɪt/

Example:

The government announced a decrease in the unemployment rate.

consumer price index

/ˌkɑːnˈsuː.mər ˌpraɪs ˈɪn.deks/

Example:

The government announced that the Consumer Price Index rose by 0.5% last month, indicating inflation.

producer price index

/prəˈduːsər praɪs ˈɪndɛks/

Example:

The Producer Price Index rose by 0.5% last month, indicating inflationary pressures.

gross domestic product

/ˌɡroʊs dəˌmes.tɪk ˈprɑː.dʌkt/

Example:

The country's gross domestic product increased by 3% last year.

gross national product

/ˌɡroʊs ˌnæʃ.ən.əl ˈprɑː.dʌkt/

Example:

The country's Gross National Product increased by 3% last year.

gross national income

/ˌɡroʊs ˌnæʃ.ən.əl ˈɪn.kʌm/

Example:

The country's gross national income has increased steadily over the past decade.

public debt

/ˌpʌb.lɪk ˈdet/

Example:

The nation's public debt has reached an unprecedented level.

foreign direct investment

/ˌfɔːr.ɪn daɪˈrekt ɪnˈvest.mənt/

Example:

The government is actively seeking to attract more foreign direct investment.

savings

/ˈseɪ·vɪŋz/

Example:

She put all her savings into a new house.

infrastructure

/ˈɪn.frəˌstrʌk.tʃɚ/

Example:

The country's aging infrastructure needs significant investment.

supply chain

/səˈplaɪ tʃeɪn/

Example:

Disruptions in the global supply chain can lead to product shortages.

externality

/ɪkˌstɝːˈnæl.ə.ti̬/

Example:

Pollution is a classic example of a negative externality.

economic growth

/ˌiːkəˈnɑːmɪk ɡroʊθ/

Example:

The government aims to stimulate economic growth through new policies.

stagnation

/stæɡˈneɪ.ʃən/

Example:

The economy is suffering from stagnation.

globalization

/ˌɡloʊ.bəl.əˈzeɪ.ʃən/

Example:

The rise of the internet has greatly accelerated globalization.

protectionism

/prəˈtek.ʃən.ɪ.zəm/

Example:

The government implemented protectionism to support local businesses.

trade barrier

/ˈtreɪd ˌber.i.ər/

Example:

The country imposed a new trade barrier on imported cars.

free trade

/ˌfriː ˈtreɪd/

Example:

The two countries signed a free trade agreement.

foreign exchange reserves

/ˈfɔːr.ɪn ɪksˈtʃeɪndʒ rɪˈzɜːrvz/

Example:

The country's foreign exchange reserves have increased significantly this quarter.

productivity

/ˌproʊ.dəkˈtɪv.ə.t̬i/

Example:

The new machinery has increased the factory's productivity.

economic indicator

/ˌiː.kəˈnɑː.mɪk ˈɪn.də.keɪ.tər/

Example:

GDP is a key economic indicator.

economic model

/ˌiːkəˈnɑːmɪk ˈmɑːdl/

Example:

The government used an economic model to predict the impact of the new tax policy.

economic system

/ˌiː.kəˈnɑː.mɪk ˈsɪs.təm/

Example:

Capitalism is a common type of economic system.
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