Finance

the total income generated from business activities or other sources

The company's annual revenue exceeded expectations.

an arrangement according to which a bank keeps and protects someone's money that can be taken out or added to

Sarah opened a savings account at the local bank to start saving for her future.

the act of buying or obtaining something, especially something that is valuable

The company announced its acquisition of a smaller competitor to expand its market share.

the process of selling off assets, subsidiaries, or investments, often for strategic, ethical, or financial reasons

a valuable resource or quality owned by an individual, organization, or entity, typically with economic value and the potential to provide future benefits

Real estate is considered a valuable asset due to its potential for long-term appreciation and rental income.

to perform an official examination or review of a company's financial records or accounts to ensure accuracy and compliance

The accountant audited the company's financial records to ensure compliance with tax regulations.

the extra money that we get, besides our salary, as a reward

Our bonus is calculated based on our performance ratings.

to recognize and acknowledge someone's effort in achieving a specific thing

The coach credits the team's victory to rigorous training sessions.

the finger adjacent to the thumb, commonly used for pointing

She wore a ring on her index finger.

the state or condition of not having enough money to pay one's debts

the ability of an entity to meet its long-term financial obligations

a situation in which a person or business is unable to pay due debts

The company declared bankruptcy after years of financial losses.

an official contract or arrangement by which a bank gives money to someone as a loan to buy a house and the person agrees to repay the loan over a specified period, usually with interest

They took out a mortgage to buy their first house in the suburbs.

a natural or legal person that owns at least one share in a company

a liquid that is made by cooking meat, bones, vegetables, or fish in water, used for making gravy or soup

I strained the vegetable stock after simmering carrots and onions to achieve a clear liquid.

a financial institution that keeps and lends money and provides other financial services

Can you recommend a reliable bank for opening a new account?

to have in your hands or arms

They held candles during the power outage.

a large, flat case, often made of leather, used for carrying loose papers, drawings, or maps

She carried her portfolio of sketches to the meeting.

a hard time in a country's economy characterized by a reduction in employment, production, and trade

During the recession, many businesses were forced to close, leading to widespread job losses.

to stop fighting something or someone

After hours of intense debate, the opposition party decided to yield and support the proposed legislation.

an accountant's profession or tasks

She pursued a degree in accountancy to become a certified public accountant (CPA).

the practice of reducing expenses or overhead in order to increase profitability or save money

The manufacturing plant automated certain processes to achieve cost cutting in labor expenses.