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Business Partner B2 Unit 3
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improve
to make or become better
borrow
to take and use money with the intention to return it.
be insolvent
to be unable to pay debts owed
boom
to grow rapidly, or be very successful as a business or trade.
owe
to need to (re)pay money
bail someone out
to help a person or a company that is in financial difficulty.
to go bankrupt
is to become insolvent, or without enough money to pay what you owe.
lend
to let someone borrow money or something that belongs to you for a short time.
recover
to return to a normal condition after a period of trouble or difficulty.
drop
to fall to a much lower level or amount, to decline
stock market
the business of buying and selling stocks and shares
savings
all the money you have saved, especially in a bank or financial institution
recession
a difficult time when there is less trade or business activity in a country than usual
mortgage
a legal arrangement by which you borrown money from a bank in order to buy a house and pay back the money over a period of years
losses
the situation when a company has less money than it did before, for example because sales have grown down.
loan
is an amount of money that you borrow from a bank, financial institution, etc.
investment
something you buy, such as shares, bonds or profit to make a long-term profit
depression
a long period during which there is very little business activity is the worst type of financial crisis and is known as an economic...
credit crunch
when borrowing money becomes difficult because banks reduce the amount they lend and charge high interest rates.
bankruptcy
when you are not able to pay your debts
profitability
the amount of profit a company makes
boost
improve something and make it more successful