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to be in the red
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To be operating at a financial loss.
to be in the black
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to be profitable or not in debt
creditor
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A person or organization to whom money is owed.
debtor
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A person or organization that owes money.
assets
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Resources owned by a business that have economic value.
liabilities
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Financial obligations or debts of a business.
overdraft
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A facility allowing a bank account to go below zero up to a limit.
cashflow
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The movement of money into and out of a business.
intrest rate
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The percentage charged for borrowing money or earned on savings.
bankruptcy
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A legal process declaring inability to repay debts.
indemnity
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Compensation for loss or damage.
principal sum
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The original amount of money borrowed or invested.
instalment
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A single payment in a series made to repay a loan.
mortage
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A loan used to purchase property, secured by the property itself.
venture capital
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Investment in high-risk startups with growth potential.
Competitor
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A rival business offering similar products or services.
Credit record
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A history of an individual's or company's borrowing and repayment.
Pitch
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A presentation to persuade investors or clients.
business angel
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An individual who invests personal funds in startups.
Equity
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Ownership interest in a company.
Venture capitalist
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An investor providing funding to high-potential startups.
Enterpreneur
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A person who starts and manages a business.
Subprime mortgage
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A high‑risk mortgage offered to borrowers with poor credit.
Recession
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A period of declining economic activity.
Housing boom
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A rapid rise in house prices and demand.
austerity
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Government policies aimed at reducing spending and debt.
Economic downturn
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A decline in economic activity and growth.
Go into administration
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When a company is placed under financial management to avoid collapse.
declare bankrupcy
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To formally state inability to repay debts.
teeter
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To be close to financial collapse
bailout
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Financial assistance to prevent a business or economy from failing.
mint coins
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To produce official currency
Wind up
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To close or liquidate a company.
grant
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Money given for a specific purpose that does not need repayment.
tax rebate
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A refund from the government for excess taxes paid.
Frugal
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Careful and economical with spending.
spendthrift
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A person who spends money excessively.
penny-pinching
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Extremely unwilling to spend money.
bank balance
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The amount of money in a bank account.
Dividend
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A payment of profits to shareholders.

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