unit 4 - vocabulary

Question 1

having a lot of money or owning a lot of things

Answer 1

affluent

Question 2

a usually public sale of goods or property, where people make higher and higher bids for each thing, until the thing is sold to the person who will pay most

Answer 2

auction

Question 3

to decide not to do something that you said you would do

Answer 3

back out

Question 4

to help a person or organisation that is in difficulty, usually by giving or lending them money

Answer 4

bail out

Question 5

declared by law as unable to pay what you owe

Answer 5

bankrupt

Question 6

an offer of a particular amount of money for something that is for sale

Answer 6

bid

Question 7

to have no profit or loss at the end of a business activity

Answer 7

break even

Question 8

when everything about a situation is considered together

Answer 8

by and large

Question 9

to take away an amount or part from a total

Answer 9

deduct

Question 10

more than everything else

Answer 10

first and foremost

Question 11

first, or as the first in a set of things

Answer 11

for a start

Question 12

for ever

Answer 12

for good

Question 13

a particular period of time for which something has been happening, or that is needed for something

Answer 13

for the time being

Question 14

money needed or available to spend on something

Answer 14

funds

Question 15

(before tax) A … amount of money has not had taxes or other costs taken from it.

Answer 15

gross

Question 16

(money charged on loan) money that is charged by a bank or other financial organisation for borrowing money

Answer 16

interest

Question 17

use after a negative statement to emphasise how unlikely a situation is because something much more likely has never happened

Answer 17

let alone

Question 18

to lose more money than you make

Answer 18

make a loss

Question 19

to have just enough money to pay for the things that you need

Answer 19

make ends meet

Question 20

in a negative sentence, use to mean “except”

Answer 20

other than

Question 21

(of a person) having taken more money out of your bank account than the account contained, or (or of a bank account) having had more money taken from it than was originally in it

Answer 21

overdrawn

Question 22

describes a system in which you pay for a service before you use it and you cannot use more than you have paid for

Answer 22

pay-as-you-go

Question 23

a set of actions that is the official or accepted way of doing something

Answer 23

procedure

Question 24

successful, usually by earning a lot of money

Answer 24

prosperous

Question 25

(informal) something that is not worth what you pay for it

Answer 25

rip-off

Question 26

to spend a lote of money on buying things, especially on things that are pleasant to have but that you do not need

Answer 26

splash out on

Question 27

likely to be affected by something

Answer 27

subject to

Question 28

an occasion when someone buys or sells something, or when money is exchanged or the activity of buying or selling something

Answer 28

transaction

Question 29

too expensive for people to be able to buy or pay for

Answer 29

unaffordable

Question 30

rich

Answer 30

well off