Anetka Lessons 5,6,7

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a teller
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a person whose job is to receive and pay out money in a bank
an overdraft
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the amount of money that you owe to a bank when you have spent more money than is in your bank account; an arrangement that allows you to do this
withdraw money
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withdraw something (from something) to take money out of a bank account
bank charges/fees
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fees
Deposit money
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a deposit (on something) a sum of money that is given as the first part of a larger payment
They normally ask you to pay $100 (as a) deposit. (money)
recession
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a difficult time for the economy of a country, when there is less trade and industrial activity than usual and more people are unemployed
The economy is in deep recession.
recovery
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recovery (in something) the process of improving or becoming stronger again
The government is forecasting an economic recovery.
slump
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to fall in price, value, number, etc., suddenly and by a large amount
Sales have slumped this year.
boom
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a sudden increase in trade and economic activity; a period of wealth and success
Living standards improved rapidly during the post-war boom.
upturn
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upturn (in something) a situation in which something improves or increases over a period of time
an upturn in the economy
downturn
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downturn (in something) a fall in the amount of business that is done
the recent economic downturns
supply
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The total amount of a product (good or service) available for purchase at any specified price.
demand
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Desire for certain good or service supported by the capacity to purchase it
World Bank
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an international organization that lends money to countries who are members at times when they are in difficulty and need more money
IMF (International Monetary Fund)
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the organization within the United Nations which is concerned with trade and economic development
CEO (Chief Executive Officer)
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the person with the highest rank in a business company
GNP (Gross National Product)
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the total value of all the goods and services produced by a country in one year, including the total income from foreign countries
RPI
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retail price index
GDP (Gross Domestic Product)
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the total value of all the goods and services produced by a country in one year
grow
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grow something to increase the size, quality or number of something
We are trying to grow the business.
decline
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decline (of something) a continuous decrease in the number, value, quality, etc. of something
The company reported a small decline in its profits.
Suffer
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suffer from something, Many companies are suffering from a shortage of skilled staff.
to Enjoy
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to experience
The japaneese eceonmy experienced/ enjoyed recovery
Sluggish
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weak
Consumer demand was weak / sluggish
buyant
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ending to increase or stay at a high level, usually showing financial success
a buoyant economy/market or consumer demand was strong/buyant
to stimulate demand
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to encourage (something) to start or progress further
to cut in intrest rates should help stimulate economic recovery
to cool demand
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i couldnt find it

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Anetka Lesson 8

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