49 terms

IELTS Vocabulary ADVANCED Unit 17: Getting down to business

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Terms in this set (...)

promote (v)
to ​raise someone to a ​higher or more ​important ​position or ​rank
capital (n)
money and possessions, ​especially a ​large ​amount of ​money used for ​producing more ​wealth or for ​starting a new ​business
risk (n)
the ​possibility of something ​bad ​happening
amalgamate (v)
to ​join or ​unite to ​form a ​larger ​organization or ​group, or to make ​separate ​organizations do this
cutback (n) (v)
a ​reduction in something, made in ​order to ​save ​money
guidelines (n)
information ​intended to ​advise ​people on how something should be done or what something should be
staff (n) (v)
the ​group of ​people who ​work for an ​organization
tempt (v)
to make someone ​want to have or do something, ​especially something that is ​unnecessary or ​wrong
firm (n) (adj)
a ​company or ​business
market (n) (v)
the ​people who might ​want to ​buy something, or a ​part of the ​world where something is ​sold
negotiate (v)
to have ​formal ​discussions with someone in ​order to ​reach an ​agreement with them
deal (n) (v)
an ​agreement or an ​arrangement, ​especially in ​business
chair (v) (n)
to be the ​person in ​charge of a ​meeting
recruit (v) (n)
to ​persuade someone to ​work for a ​company
sufficient (adj)
enough for a ​particular ​purpose
facilities (n)
the ​buildings, ​equipment, and ​services ​provided for a ​particular ​purpose
occupation (n)
a person's ​job
look after (phrasal v)
to take ​care of or be in ​charge of something
allure (n)
the ​quality of being ​attractive, ​interesting, or ​exciting
purchase (v) (n)
to ​buy something
lottery [ticket] (n)
a ​game, often ​organized by the ​state or a ​charity in ​order to make ​money, in which ​tickets with ​numbers are ​sold to ​people who then have a ​chance of ​winning a ​prize if ​their ​number is ​chosen
entice (v)
to ​persuade someone to do something by ​offering them something ​pleasant
erase (v)
to eliminate
bankruptcy (n)
a ​situation in which a ​business or a ​person ​becomes ​bankrupt (unable to ​pay what you ​owe and having lost ​control of ​your ​financial ​matters)
asset (n)
something ​valuable ​belonging to a ​person or ​organization that can be used for the ​payment of ​debts
postpone (v)
to ​delay an ​event and ​plan or ​decide that it should ​happen at a ​later ​date or ​time
debt (n)
something, ​especially ​money, that is ​owed to someone ​else, or the ​state of ​owing something
equity (n)
the ​value of a ​property after you have ​paid any ​mortgage or other ​charges ​relating to it
lack (n) (v)
the ​fact that something is not ​available or that there is not enough of it
distress (n) (adj)
a ​situation in which you are ​suffering or are in ​great ​danger and ​therefore in ​urgent need of ​help
creditor (n)
someone who ​money is ​owed to
credit rating (n)
a ​calculation of someone's ​ability to ​pay back ​money that they have ​borrowed
loan (n) (v)
an ​amount of ​money that is ​borrowed, often from a ​bank, and has to be ​paid back
cost-cutting (n)
​actions taken to ​reduce the ​amount that is ​spent on a ​service or within an ​organization
budget (n)
a ​plan to show how much ​money a ​person or ​organization will ​earn and how much they will need or be ​able to ​spend
income (n)
money that is ​earned from doing ​work or ​received from ​investments
supplement (v) (n)
to ​add something to something to make it ​larger or ​better
low-income (adj)
not having or ​earning much ​money
cost of living (n)
the ​amount of ​money that a ​person ​needs to ​live
bonus (n)
an ​extra ​amount of ​money that is given to you as a ​present or ​reward for good ​work as well as the ​money you were ​expecting
proposition (n)
an ​offer or ​suggestion, usually in ​business
marketing (n)
a ​job that ​involves ​encouraging ​people to ​buy a ​product or ​service
loyalty (n)
your ​feeling of ​support or ​duty towards someone or something
fine print (n)
text in a ​formal ​agreement that is ​printed ​smaller than the ​rest of the ​text, sometimes in the ​hope that it will not be ​noticed
infuriate (v)
to make someone ​extremely ​angry
cynically (adv)
used to say that someone's ​feelings or ​emotions are used to ​your own ​advantage
exploit (v)
to use something in a way that ​helps you
unwittingly (adv)
without ​knowing or ​planning
transparent (adj)
open and ​honest, without ​secrets; clear and ​easy to ​understand or ​recognize