UNIT 6 DEF ANG

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bank statement
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a document showing the money that has gone into and out of your account
receipt
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a written statement showing that you received money, goods or services
bill
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a list showing how much you have to pay for foods or services received
overdraft
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a deficit in a bank account caused by drawing more money that an account holds
interest
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an amount paid by a borrower to a lender
to owe
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to need to repay money
equity stake
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money risked or invested in a business
recession
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time when an economy or industry is doing badly
shares
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one of the parts in which ownership of a company is divided
debt
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money that a person or organization owes to another
stock market
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a place where shares are bought and sold
forecast
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a description what is likely to happen in the future
bankruptcy
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when someone is unable to pay their debts
dividend
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a part of profits paid to shareholders
turnover
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amount of business done in a particular period
profit margin
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the difference between the price that something is sold for and the cost of producing
downturn
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the part of economic cycle when prices or value of stocks fall
return
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the amount of profit made from an investment
securities
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financial investments such as bonds or shares
commodities
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products that can be sold to make a profit e.g. farm product or metals
income
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money that you earn from your job or receive from investments
whizz-kid
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a young person who is very skilled or successful at something
wheeler-dealer
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someone who does a lot of complicated business transactions
bear market
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a financial market in which prices are falling
bull market
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a financial market in which prices are rising
volatility
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sudden and quick changes
to soar
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to rise dramatically
to plummet
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to fall dramatically
to level off
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to become steady
a bid
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an offer to buy something
pitch
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a persuasive sales presentation
wealthy
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rich, affluent
tycoon
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wealthy business person
entrepreneur
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someone who starts a company and takes risk to make a profit
shareholder
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someone who owns shares in a company
asset
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something belonging to an individual or a business that has some value
revenue
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money that a business or organization receives over a period of time
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