Unit

overview Level 16-Upper Advanced Unit 4

Financial planning

Vocabulary

Vocabulary Phonetic spelling Part of speech Translation / definition

[UK]dʒeˈ steɪʃn
gestation noun the process by which an idea or a plan develops
[US]dʒeˈ steɪʃn

[UK]ˈ pɪəriəd [US]

period noun a particular length of time
ˈ pɪriəd

any of the units of equal value into which a

company is divided and sold to raise money.
share [UK]ʃeə(r) [US]ʃer noun
People who own shares receive part of the
company's profits

[UK]maɪˈ njuː t
minute adj. extremely small
[US]maɪˈ njuː t

[UK]dɪˈ fɜː (r) [US]dɪ

defer verb to delay sth until a later time
ˈ fɜː r

to make certain tasks or problems more

[UK]praɪˈ ɒrətaɪz
prioritize verb important that others, or to put things in order of
[US]praɪˈ ɔː rətaɪz
importance

[UK]splɜː dʒ to spend a lot of money on sth that you do not

splurge verb
[US]splɜː rdʒ really need

[UK]ˈ fruː ɡl [US] using only as much money or food as is

frugal adj.
ˈ fruː ɡl necessary

[UK]ˈ sɜː pləs [US]

surplus noun an amount that is extra or more than you need
ˈ sɜː rpləs

[UK]ˈ frɪvələs [US]

frivolous adj. having no useful or serious purpose
ˈ frɪvələs

if the value, amount or level of sth soars, it rises

soar [UK]sɔː (r) [US]sɔː r verb
very quickly

[UK]dɪˈ preʃn [US]dɪ a period when there is little economic activity and
depression noun
ˈ preʃn many people are poor or without jobs

a sudden serious fall in the price or value of sth;

crash [UK]kræʃ [US]kræʃ noun
the occasion when a business, etc. fails

counter- the opposite of what you would expect or what

adj.
intuitive seems to be obvious

[UK]mjuː ˈ nɪʃnz
munitions noun military weapons, ammunition and equipment
[US]mjuː ˈ nɪʃnz

a situation when many people sell dollars, etc.

run [UK]rʌn [US]rʌn noun
and the value of the money falls

[UK]dɪˈ septɪv [US]dɪ

deceptive adj. likely to make you believe sth that is not true
ˈ septɪv

[UK]rɪˈ tɜː n [US]rɪ

return noun the amount of profit that you get from sth
ˈ tɜː rn

a plan for getting money or some other

[UK]skiː m
scheme noun advantage for yourself, especially one that
[US]skiː m
involves cheating other people

a share that sb has bought in a company or

stock [UK]stɒk [US]stɑː k noun
business

[UK]ˈ brəʊ kərɪdʒ

brokerage noun the business of being a broker
[US]ˈ broʊ kərɪdʒ

firm [UK]fɜː m [US]fɜː rm noun a business or company

[UK]ɪnˈ vestmənt the money that you invest, or the thing that you
investment noun
[US]ɪnˈ vestmənt invest in

[UK]ˈ kæpɪtl [US] a large amount of money that is invested or is

capital noun
ˈ kæpɪtl used to start a business
guarantee [UK]ˌ ɡærənˈ tiː [US] noun a firm promise that you will do sth or that sth will
ˌ ɡærənˈ tiː happen

[UK]ˈ mɜː dʒə(r) [US] the act of joining two or more organizations or
merger noun
ˈ mɜː rdʒər businesses into one

[UK]ˈ reɡjuleɪt [US]

regulate verb to control sth by means of rules
ˈ reɡjuleɪt

a group of people or companies who work

[UK]ˈ sɪndɪkət [US]
syndicate noun together and help each other in order to achieve
ˈ sɪndɪkət
a particular aim

[UK]ˈ ɡæmbl [US]

gamble verb to risk losing sth in the hope of being successful
ˈ ɡæmbl

a reduction in the amount of money in a

[UK]ˌ diː ˈ fleɪʃn [US]
deflation noun country's economy so that prices fall or remain
ˌ diː ˈ fleɪʃn
the same