Lesson No 42A-Basics Of Financial Vocabulary

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Basic Financial Vocabulary

General Financial Terms

• Budget: A plan for how you will spend your money.
• Income: Money that you earn.
• Expenses: Money that you spend.
• Savings: Money that you set aside for future use.
• Debt: Money that you owe to someone else.
• Interest: A charge for borrowing money.
• Investment: Using money to buy something that you hope will increase in value over time.

Banking Terms

• Bank Account: A place where you store your money.
• Debit Card: A card that allows you to withdraw money from your bank account.
• Credit Card: A card that allows you to borrow money.
• ATM: Automated Teller Machine.
• Check: A written order to a bank to pay money to someone.

Investing Terms

• Stock: A share of ownership in a company.
• Bond: A debt security issued by a government or corporation.
• Mutual Fund: A pool of money invested in a variety of stocks or bonds.
• Dividend: A payment made to shareholders by a company.
• Portfolio: A collection of investments.

Financial Planning Terms

• Financial Goals: Specific financial objectives you want to achieve.
• Financial Planning: The process of creating a plan to achieve your financial goals.
• Retirement Planning: Planning for your financial needs after you stop working.
• Budgeting: Creating a plan for how you will spend your money.
• Debt Management: Managing your debt to avoid financial problems.

Useful Websites for English Pronunciation

Here are some excellent online resources to help you improve your English pronunciation:

Pronunciation Practice Websites:

• Forvo: https://forvo.com/
• Learn English with Pronunciation: https://www.youtube.com/watch?v=n4NVPg2kHv4
• Rachel’s English: https://rachelsenglish.com/
• American Accent Course: [invalid URL removed]

English Language Learning Platforms:

• FluentU: https://www.fluentu.com/
• EnglishCentral: https://www.englishcentral.com/
• Learn English with BBC: https://www.bbc.co.uk/learningenglish/
• VOA Learning English: https://learningenglish.voanews.com/

English Listening Practice:

• TED Talks: https://www.ted.com/
• BBC Learning English: https://www.bbc.co.uk/learningenglish/
• VOA Learning English: https://learningenglish.voanews.com/
• ESL Podcast: https://tv.eslpod.com/

English Vocabulary Building:

• Vocabulary.com: https://www.vocabulary.com/
• Quizlet: https://quizlet.com/
• Memrise: https://www.memrise.com/
• Wordnik: https://www.wordnik.com/

Remember, consistent practice is key to improving your English pronunciation. These websites can be valuable tools to help you on your journey.