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IELTS Vocabulary ebook

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Economy view_list format_list_numbered
C1-C2 checked
B1-B2
A1-A2

currency star_border

/cur-ren-cy/ [k.er1.ah0.n.s.iy0] play_circle_filled

Definition: monetary unit; cash

Example sentences:

  • Most purchases in foreign countries must be made in the local currency.

C1-C2 checked
B1-B2
A1-A2

inflation star_border

/in-fla-tion/ [ih2.n.f.l.ey1.sh.ah0.n] play_circle_filled

Definition: A general increase in prices and fall in the purchasing value of money

Example sentences:

  • In a downward inflation trend, salary expectations lag the decreases in inflation. In December he indicated that he was concerned about inflation and the excessive risk taking in the markets.

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C1-C2 checked
B1-B2
A1-A2

insolvent star_border

/in-sol-vent/ [ih2.n.s.aa1.l.v.ah0.n.t] play_circle_filled
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Definition: Unable to pay debts owed:

Example sentences:

  • China's banks are technically insolvent, with bad debts making up 45% of their loans, according to Standard & Poor's.
  • If the employer is insolvent and unable to restore the funds the pension scheme will be able to claim compensation.

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Words List

  • CERF C1-C2

  • currency

  • inflation

  • insolvent

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