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Finance Vocab
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What term means “work done by people employed by businesses”?
labour
What is the word for “what people consume and how much they invest”?
demand
What verb means “to spend money on goods and services”?
consume
What is “the rate at which the central bank lends money to commercial banks”?
base rate
What is the term for “the quantity of goods and services offered for sale by companies”?
supply
What word means “money invested in companies, to buy buildings or machinery”?
capital
What term refers to “factories and the machines/equipment in them”?
plant
What word means “encouragement or a reason to do something”?
incentive
What word means “paid”?
remunerated
What is the term for “a general and continuous increase in prices”?
inflation
What is the name of the British currency?
sterling
What adjective means “in good condition”?
sound
What adjective means “basic and most important”?
core
What is the word for “a level or situation you intend to achieve”?
target
What word means “supervision”?
oversight
What do we call “potential sources of danger”?
threats
What is the word for “an agreed plan of what to do”?
policy