Finance

to give something, particularly money, to make up for the difficulty, pain, damage, etc. that someone has suffered

Insurance companies often compensate policyholders for property damage or loss.

to repay someone for expenses or losses they have experienced

If you provide the receipts, we'll be happy to reimburse you for the business-related expenses.

to gather or receive something, like money or benefits, slowly over a period of time

Over the years, he accrued a lot of vacation days at work.

to freely give goods, money, or food to someone or an organization

Individuals often donate clothing to local shelters during the winter months.

to buy or begin to have something

Sophie was thrilled to acquire a rare and valuable stamp for her collection.

to seek financial contributions or donations for a particular cause, organization, or event

They fundraised tirelessly to support cancer research.

to use or take something belonging to someone else, with the idea of returning it

Can I borrow your umbrella?It's raining outside, and I left mine at home.

to place or fix something in a specific location

To secure the valuable artifact, the museum decided to deposit it in a high-security vault.

to collect various things, like information, objects, etc.

The charity event garnered a significant amount of donations, which will go towards helping those in need.

a tax paid on goods imported or exported

The government imposed a tariff on imported steel to protect domestic producers.

to enforce a type of payment, such as fees, taxes, or fines and collect them

The HOA levied $50 fines on homeowners who didn't shovel their sidewalks during the snowstorm.

an amount of money paid regularly to the shareholders of a company

The company announced a quarterly dividend of $1 per share.

the total income generated from business activities or other sources

The company's annual revenue exceeded expectations.

the amount of money spent to do or have something

Keeping track of your monthly expenses can help you create a realistic budget.

the trait of great self-denial (especially refraining from worldly pleasures)

the process of introducing a new product or service into the market for sale

The commercialization of electric vehicles has increased significantly in recent years.

(economics) an unprocessed material that can be traded in different exchanges or marketplaces

Oil has long been a highly valued commodity on the global market, influencing economies and politics.

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.

an economic cycle characterized by periods of rapid economic expansion followed by periods of contraction or recession

The housing market experienced a classic boom-bust cycle, with prices soaring rapidly before crashing suddenly.

the cost advantages that enterprises obtain due to size, output, or scale of operation

Large manufacturers benefit from economy of scale by producing goods at lower costs per unit.

the business of trading and exchanging shares of different companies

The stock market experienced a significant drop today, causing investors to worry about their portfolios.

a person or organization that holds a position of trust, responsibility, and confidence to manage assets or property on behalf of others

As a fiduciary, the trustee must act in the best interests of the beneficiaries.

a decline in something's price or value

The depreciation of the currency has led to an increase in the cost of imported goods.

the estimated residual value of an asset at the end of its useful life

The salvage value of the old machinery was estimated to be $5,000 after ten years of use.

to sell goods or services by putting them up for bidding, allowing potential buyers to offer prices in a competitive process

The experienced seller auctioned valuable art pieces during a special event.

the general process of purchasing or selling something

The transaction of his public duties requires careful planning and execution.

an amount of money that a government or organization pays to lower the costs of producing goods or providing services so that prices do not increase

The government provides subsidies to farmers to support agricultural production and maintain food security.

a type of board game in which players use game currency to buy buildings or streets represented on the board

The Monopoly game lasted for hours, with everyone strategizing their moves.

a thing that achieves great widespread popularity or financial success, particularly a movie, book, or other product

The new superhero movie became a blockbuster, earning over $1 billion at the box office.

money, food, or other resources distributed freely to those in need, typically by an organization or government

The government provides financial handouts to support low-income families during economic downturns.

an amount of money that one pays to receive an education, particularly in a university or college

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.

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

The company declared bankruptcy after years of financial losses.

to tie or fasten something or someone securely to a stake for stability or control

The dog was staked in the yard to prevent it from wandering off.

someone who buys and uses services or goods

As a consumer, she prefers products that are eco-friendly and sustainable.

a person or organization that provides money or resources to a business or project with the expectation of making a profit

The investor provided capital to help the startup launch.

wealth or affluence, especially when displayed in a showy manner

Tourists often visit the city to witness the opulence of its historic mansions and estates.

located or occurring above the level of the head

The overhead lights illuminated the room brightly.

to spend or invest money or resources for a particular purpose

The company decided to outlay funds for research and development to enhance product innovation.

the funds and resources that a country or organization controls

The government announced a new budget for the national treasury.

generosity evidenced by a willingness to give freely

a situation in which the prices of assets, such as stocks, real estate, or commodities, become significantly inflated beyond their intrinsic value due to speculative investing or market hype

During the dot-com boom of the late 1990s, many technology stocks experienced an asset bubble.

a book or digital record that contains financial transactions and balances, organized by accounts

The accountant updated the ledger with the latest transactions.

involving or about money

The contract outlined the pecuniary benefits offered to the employees.

relating to government revenue or public money, especially taxes

The government faces challenges in balancing fiscal priorities while addressing social needs.

relating to money or currency

The central bank sets monetary policy to regulate the supply of money in the economy.

capable of producing a lot of profit or earning a great amount of money for someone

The real estate market in the city is highly lucrative for investors.

desirable or sought after, especially by employers or in the marketplace

His computer programming skills make him highly marketable in the tech industry.

involving a lot of effort, attention, and activity in a short period of time

The intensive training program prepared them for the upcoming competition in just two weeks.

(of a business) providing benefits or valuable returns

The new marketing strategy proved highly profitable, increasing the company's revenue by 20% in just six months.

an organization chartered for other than profit-making activities

characterized by an economic system where private ownership of businesses and resources drives production and distribution with a focus on profit

The country's economy is largely capitalistic, with a strong emphasis on free markets.

having a much higher quality and price than the rest of their kind

She treated herself to a high-end handbag as a reward for reaching her career goals.

spending money very reluctantly

Critics argued the government had grown too parsimonious in funding for education and social programs.

costing a lot of money, more than the necessary or affordable amount

She threw an extravagant birthday party with live music and gourmet catering.

possessing a great amount of riches and material goods

The affluent neighborhood was characterized by its luxurious homes and upscale amenities.

high quality, luxurious, or intended for a wealthier clientele

The upscale restaurant offered a menu featuring gourmet dishes prepared with the finest ingredients.

having or showing great expense, richness, or luxury

The billionaire's mansion was decorated with lavish furnishings and rare artwork.