BUSINESS AND MONEY IELTS VOCABULARY

Exorbitant: When something is priced unreasonably high.

Sentence: I couldn’t believe my ears when the auctioneer opened the bidding at an exorbitant amount.

Frugal: Being cautious of one’s expenses.

Sentence: A wise man once said that you should always be frugal with your money but generous with your family.

Bargain Hunter: Someone who constantly looks out for the best sales and deals.

Sentence: As soon asZara announced its end of season sale, hundreds of bargain hunters queued up outside all its stores in Delhi.

To make a profit: When you earn more than what something costs.

Sentence: Businesses are not allowed to make a profit exceeding 3 times their monthly expenses as per the new law.

To raise a company profile: Making people aware of the business and its activities.

Sentence: The entire marketing team of the newly launched KBC Limited has been putting in its blood, sweat and tears to raise the company’s profile.

To go bust: When a business is compelled to shut down due to its failure.

Sentence: Martha started a business that she couldn’t stop from going bust within just 3 months of starting out because her investors pulled out.

Penny-pincher: Someone who is extremely careful with their money.

Sentence: Stacy is a penny-pincher because she grew up in a financially weak family.

Stingy: Someone who is not willing to spend their money.

Sentence: Raman was being excluded from his friends’ meet up plans because of his reputation as a stingy person.

Big spender: Someone who usually spends a lot.

Sentence: Being a big spender seems to be a common name for many belonging to the Gen Z population.

Spendthrift: Someone who is known for not spending wisely.

Sentence: Susan is a charming but spendthrift woman who needs to start saving up for her higher education abroad.