Business Partner B2 Unit 3 | Baamboozle - Baamboozle

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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

stock market

the business of buying and selling stocks and shares

drop

to fall to a much lower level or amount, to decline

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

loan

is an amount of money that you borrow from a bank, financial institution, etc.

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.

credit crunch

when borrowing money becomes difficult because banks reduce the amount they lend and charge high interest rates.

to go bankrupt

is to become insolvent, or without enough money to pay what you owe.

bankruptcy

when you are not able to pay your debts

borrow

to take and use money with the intention to return it.

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...

boom

to grow rapidly, or be very successful as a business or trade.

owe

to need to (re)pay money

investment

something you buy, such as shares, bonds or profit to make a long-term profit

be insolvent

to be unable to pay debts owed

profitability

the amount of profit a company makes

improve

to make or become better

bail someone out

to help a person or a company that is in financial difficulty.

losses

the situation when a company has less money than it did before, for example because sales have grown down.

boost

improve something and make it more successful