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Business Partner B2 - 3.1 Finance/Recessions and ...

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    Vocabulary
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  • A(n) .......... is something you buy, such as shares, bonds or profit, to make a long-term profit.
    investment
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  • A(n) ......... is a difficult time when there is less trade or business activity in a country than usual.
    recession
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  • A(n) ...... ...... happens when borrowing money becomes difficult because banks reduce the amount they lend and charge high interest rates.
    credit crunch
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  • A long period during which there is very little business activity is the worst type of financial crisis and is known as an economic ..........
    depression
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  • A legal arrangement by which you borrow money from a bank in order to buy a house, and pay back the money over a period of years is called a(n) ........
    mortgage
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  • All the money that you have saved, especially in a bank or financial institution is called .......
    savings
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  • ...... describes the situation when a company has less money than it did before, for example because sales have gone down.
    losses
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  • The business of buying and selling stocks and shares is called the ..... ......
    stock market
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  • When you are not able to pay your debts, this is called ..........
    bankruptcy
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  • A(n) .... is an amount of money that you borrow from a bank, financial institution, etc.
    loan
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  • To .... means to fall to a much lower level or amount, or decline.
    drop
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  • To .. ........ is to become insolvent, or without enough money to pay what you owe.
    go bankrupt
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  • To lend is to let someone borrow money or something that belongs to you for a short time.
    lend
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  • To ....... is to return to a normal condition after a period of trouble or difficulty
    recover
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  • To .... means to grow rapidly, or be very successful as a business or trade.
    boom
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  • To .... ....... ... means to help a person or a company that is in financial difficulty.
    bail someone out
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