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C1 Term 2 Vocabulary Revision

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  • Several parts into which an amount of money owed has been divided, so that each part is paid at different times until the total is reached. (It begins with I)
    instalments
  • Something valuable belonging to a person or organization that can be used for the payment of debts. (It begins with A)
    asset
  • A period when the economy of a country is not successful and conditions for business are bad. (It begins with R)
    recession
  • The total amount of money that is being spent by a person or government. (It begins with E)
    expenditure
  • To waste money by not using it sensibly. (It begins with S)
    squander
  • A situation when you are unable to pay what you owe. (It begins with B)
    bankruptcy
  • Something that is not worth what you pay for it (it begins with R)
    rip-off
  • An amount of money that is borrowed, often from a bank. (It beging with L)
    loan