VOCABULARY with PICTURES, LISTENING or TRANSLATION:
- Money - 20 words with definitions
words and phrases - Learn the language of the
WORDS - "Vous allez pouvoir écouter et écrire
175 mots liés à l'anglais de la vente et du commerce."
The layman's finance crisis glossary
"The current financial crisis has thrown terminology from the business pages onto the front page of newspapers, with jargon now abounding
everywhere from the watercooler to the back of a taxi.
Here is a guide to many of the business terms currently cropping up regularly, as well as some of the more exotic words coined to describe some of the social effects of the credit crunch."
ex. : Stagflation
= "The dreaded combination of inflation and stagnation - an economy that is not growing while prices continue to rise."
- CONSUMER SOCIETY:
- Consumer society.
"The consumer society is a human society strongly influenced by consumerism.
The term describes a critical view of over-consumption and excessive production of short-lived or disposable items..."
- Gambling = "the act of betting money, for example in a game or on a horse race
- GOLDEN PARACHUTE:
- golden parachute - n. Slang
"An employment agreement that guarantees a key executive lucrative severance benefits if control of the company changes hands followed
by management shifts."
"A large payment that is made to top corporate executives in the event that the executive's job is somehow eliminated, perhaps because the company is taken over. The payment may include cash, stock options, or a bonus."
"If you argue with someone in a shop or market over the price of something, we call this haggling.
Although it isn't the custom in the UK to haggle every time we shop, it is something we do for very cheap things... or very expensive things.
Don't forget to practise what you've learned with the listening activity..."
HEDGE FUND MANAGERS:
Masters of the universe: meet the world's best-paid men
"Who are these men? They are called hedge fund managers - in other words, they are investors who buy and sell all manner of financial instruments with the express aim of making money for their clients, and for themselves."
+ What can you buy for $4bn ?
+ Hedge fund rich list 2009
- THE GRAVY TRAIN:
EUROPE CRUSADE: FURY AT EU'S GRAVY TRAIN - 6 December 2010
"LAVISH pay and perks enjoyed by the EU’s army of diplomats were laid bare yesterday, provoking widespread condemnation."
- THE UNDERGROUND ECONOMY:
- The underground economy or black market
"is a market consisting of all commerce on which applicable taxes and/or regulations of trade are being avoided.
The term is also often known as the underdog, shadow economy, black economy or parallel economy."