Essential English Vocabulary: Finance, Career & Modern Life

Financial & Career Vocabulary

Key Financial Terms & Concepts

  • Inherit: To come into a fortune or money.
  • Haggle: To bargain.
  • Stock market: A market where stocks and shares are bought and sold.
  • Rise: An increase in value or amount.
  • Priceless: So precious that its value cannot be determined.
  • High-income families: Households with significant earnings.
  • Paid on commission: Receiving payment based on sales or performance.
  • Go bankrupt: To declare that you are unable to pay your debts.
  • Credit card fraud: Illegal use of another’s credit card.
  • Start-up funds: Money needed to start a new business.
  • Make a profit/living: To earn money to support oneself or a business.
  • Riches to Rags: A phrase describing a loss of wealth.

Legal & Social Vocabulary

  • Sue: To take someone to court to get money from them.
  • Pester someone: To ask someone continuously to do something.
  • Bankruptcy: The state of being unable to pay your debts.
  • Ventures: New business activities or projects.
  • Disability pension: Money received from the government when unfit to work.
  • Take advantage: To treat someone unfairly to get what you want.
  • Volunteer: To offer to work without pay.
  • Get money off something: To receive a discount.
  • Power of attorney: The power to make legal decisions regarding finances.
  • Never saw a penny: Didn’t receive any of the money.
  • Philanthropist: A person who seeks to promote the welfare of others, especially by donating money.
  • Kept her cool: Remained calm in a difficult situation.
  • Limited attention span: Difficulty concentrating for long periods.
  • Hands-on work experience: Practical experience gained by doing.
  • Bridal bouquet: A flower arrangement carried by a bride.
  • Glimmer of hope: A small sign of optimism.

Wealth & Generosity Expressions

  • Extravagance: Lack of restraint in spending money or resources.
  • To provide for…: To supply someone with what is needed.
  • To promote welfare: To help improve the health, happiness, and fortunes of a person or group.
  • To live lavishly: To live in a luxurious and extravagant way.
  • To have a huge fortune: To possess a very large amount of money.
  • To give away money to charity: To donate funds to charitable organizations.
  • To admire someone’s generosity: To respect someone’s willingness to give.
  • To have a great deal of money: To possess a large amount of money.
  • To dedicate billions of dollars to…: To commit vast sums of money to a cause.
  • To have a major impact on: To significantly influence something.
  • To charge interest: To require payment for the use of borrowed money.
  • To put money into…: To invest money in something.
  • To found a plaza: To establish a public space or institution.
  • To run a foundation: To manage a charitable organization.
  • Helping children is a mission: A strong commitment to assisting children.

Workplace & Career Satisfaction

  • Job satisfaction: Contentment derived from one’s work.
  • Recognition: Acknowledgment of achievement or merit.
  • Good salary: A high or satisfactory wage.
  • Promotion prospects: Opportunities for advancement in a job.
  • Travel opportunities: Chances to travel for work.
  • Supportive colleagues/boss: Co-workers or managers who offer help and encouragement.
  • Pension plan: A retirement savings scheme.
  • Freedom/autonomy: The ability to make one’s own decisions at work.
  • Flexible working hours: The option to vary one’s work schedule.
  • Professional/personal development: Growth in skills and knowledge.
  • Perks and benefits: Additional advantages or payments beyond salary.
  • Working environment: The conditions in which one works.
  • Convenience of location: Ease of access to the workplace.
  • Challenging tasks: Difficult but stimulating assignments.

Expressing Quantity & Amount

  • As many as: A surprisingly large number.
  • A little bit more: A small additional amount.
  • A great deal of energy: A lot of energy.
  • Plenty of benefits: Lots of benefits.
  • Not much of an expert: Not really an expert.
  • For the most part: Generally; in most cases.
  • An awful lot of time: A surprisingly large amount of time.
  • The vast majority: Most of; nearly all.
  • Quite a few staff: A considerable number of staff.
  • Only a handful of people: Very few people.

Money-Related Idioms

  • Costs a fortune / Cost an arm and a leg: Very expensive.
  • Worth a fortune / Rolling in it: Very wealthy.
  • Live on / Get by on: To survive with limited money.
  • Not well off / Hard up (short of money): Having little money.
  • Be a bargain / Dirt cheap: Very inexpensive.
  • To be broke / Skint: Having no money.
  • To split the bill / To go halves: To divide the cost equally.
  • To treat yourself to / Splash out on: To spend a lot of money on something enjoyable.
  • To be always in debt / To be in the red: To owe money constantly.

Modern Trends, Lifestyles & Causality

Phrasal Verbs for Trends & Popularity

  • Be in: To be fashionable at the moment. Example: Businesses use teenagers to find out what’s in and what isn’t.
  • Be out: To be unfashionable at the moment. Example: Anything bigger than a few inches is out.
  • Kick off: To become popular and fashionable. Example: They start a business anywhere they think trends might kick off.
  • Home in on: To focus or direct attention towards something. Example: They experiment and automatically home in on the new.
  • Catch on: To start to become popular or understood. Example: Messaging caught on because kids wanted to pass notes during class.
  • Come about: To happen or take place. Example: All these trends came about because of the needs of kids.
  • Come up: To be going to happen in the near future. Example: What’s coming up on the horizon?
  • Keep up with: To know the most recent developments. Example: It is hard to keep up with the latest fashion.

Lifestyle & Emotional Expressions

  • Tearing my hair out: Getting into a panic because of frustration.
  • Crashed out: Lay down, exhausted.
  • The be-all and end-all: The most important thing.
  • Security blanket: Something that makes you feel safe or confident.
  • Burn out: To be too exhausted to continue a long-term action.
  • The buzz: The excitement or thrill.

Cause & Effect Language

  • Major source: Work is a major source of stress.
  • Cause of: Unemployment is a cause of worry.
  • Far-reaching implications/consequences: The argument has far-reaching implications.
  • Result: The result is in no doubt.
  • Roots: The rivalry has its roots in an old argument.
  • Influence: Teachers are an important influence on children.
  • Breeds: Success breeds confidence.
  • Bring about: Bad decisions will bring about their downfall.
  • Gave rise to: The new law gave rise to much protest.
  • Result in: Clashes between rival fans result in violence.
  • Influences: The media influences a lot of people.
  • Stems from: His insecurity stems from his childhood.