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BP B2 Unit 3.1 Vocabulary
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The extra money you have to pay to a bank when you take a loan is ___ (expressed in %)
interest rate
A period when there is very little economic activity and many people are poor or unemployed is an economic ___ .
depression ('crisis' is OK too)
All the money you put in the bank or in your piggy bank are your ___.
savings
Name one verb that means ‘get better’.
improve
Complete this sentence: A lot of banks are unwilling to l___ money to new businesses.
lend
A loan you get from a bank to buy something like a house or flat is ___
mortgage
What's a phrasal verb meaning ‘help (someone) out of trouble’?
bail (someone) out
The place where stocks and shares are bought and sold is ___.
stock market
Money you put into a company to get a profit is ___.
investment
What is it called when borrowing becomes difficult because banks reduce lending and put interest rates up?
credit crunch
Complete this sentence: Following the crash, the markets took a long time to r___ .
recover
Name one verb that means ‘go up’.
rise
A quick and dramatic increase in business activity is a b___ .
boom
Complete this sentence: The company asked the bank for a €20,000 ___ to cover payroll.
loan
When a company doesn’t have enough money to pay what it owes, it goes ___ .
bankrupt
Name two verbs that mean ‘decrease’.
drop / fall / go down