Money and finace

Terms	Definitions
profit (ˈprɒfɪt)	(n) a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something
loss	(n) an amount of money lost by a business or organization
restraint  (rɪˈstreɪnt)	(n) a measure or condition that keeps someone or something under control
extravagant  (ɪkˈstravəgənt)	(adj) lacking restraint in spending money or using resources
frugal  (ˈfruːgəl)	(adj) sparing or economical as regards money or food
discount (ˈdɪskaʊnt)	(n) a deduction from the usual cost of something (v) deduct an amount from (the usual price of something)
refund (rɪˈfʌnd)	(v) pay back (money), typically to a customer who is not satisfied with goods or services bought (n) a repayment of a sum of money
deposit (dɪˈpɒzɪt)	(n) a sum of money paid into a bank or building society account
loan (ləʊn)	(n) a thing that is borrowed, especially a sum of money that is expected to be paid back with interest
mortgage (ˈmɔːgɪdʒ) (the chap)	(n) a legal agreement by which a bank, building society, etc. lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt
bargain (ˈbɑːgɪn)	(n) a thing bought or offered for sale much more cheaply than is usual or expected
overpriced (əʊvəˈprʌɪst)	(adj) charge too high a price for
exorbitant (ɪgˈzɔːbɪtənt)	(adj) (of a price or amount charged) unreasonably high
withdraw (wɪðˈdrɔː)	(v) take money out of an account
wage (weɪdʒ)	(n) a fixed regular payment earned for work or services
salary (ˈsaləri)	(n) a fixed regular payment, typically paid on a monthly basis but often expressed as an annual sum, made by an employer to an employee
worthless (ˈwəːθlɪs)	(adj) having no real value or use
priceless (ˈprʌɪslɪs)	(adj) so precious that its value cannot be determined
invest (ɪnˈvɛst)	(v) put (money) into financial schemes, shares, property, or a commercial venture with the expectation of achieving a profit
bankrupt (ˈbaŋkrʌpt)	(adj) (of a person or organization) declared in law as unable to pay their debts - completely lacking in a particular good quality
shares	(n) a part or portion of a larger amount which is divided among a number of people, or to which a number of people contribute
stock (stɒk)	(n) the value of shares in a company that have been sold
dividend (ˈdɪvɪdɛnd)	(n) a sum of money paid regularly (typically annually) by a company to its shareholders out of its profits
inflation (ɪnˈfleɪʃn)	(n) a general increase in prices and fall in the purchasing value of money
deflation (dɪˈfleɪʃn)	(n) reduction of the general level of prices in an economy
income (ˈɪnkʌm)	(n) money received, especially on a regular basis, for work or through investments
excise (ˈɛksʌɪz)	(n) a tax levied on certain goods and commodities produced or sold within a country and on licences granted for certain activities
expenditure (ɪkˈspɛndɪtʃə)	(n) an amount of money spent
credit (ˈkrɛdɪt)	(v) add (an amount of money) to an account
debit (ˈdɛbɪt)	(v) remove (an amount of money) from a customer's
pension (ˈpɛnʃn)	(n) a regular payment made by the state to people of or above the official retirement age and to some widows and disabled people
economize (ɪˈkɒnəmʌɪz)	(v) spend less; reduce one's expenses
reduction (rɪˈdʌkʃn)	(n) the action or fact of making something smaller or less in amount
overdraft (ˈəʊvədrɑːft)	(n) a deficit in a bank account caused by drawing more money than the account holds
wealth (wɛlθ)	(n) an abundance of valuable possessions or money
inherit (ɪnˈhɛrɪt)	(v) receive (money, property, or a title) as an heir at the death of the previous holder
rebate (ˈriːbeɪt)	(n) a partial refund to someone who has paid too much for tax, rent, or a utility