Online English Vocabulary Flashcards for Money and Finance Words

annuity (noun) /əˈnjuːɪti/
Definition: A fixed stream of payments paid to someone over a predetermined period of time.
Example Sentence: "She planned to use her annuity to travel and enjoy her retirement to the fullest."
Synonyms: allocation; allotment; allowance; earnings; endowment; entitlement
Opposite Meaning: lump sum

arrears (noun) /əˈrɪəz/
Definition: A situation where a debt or payment that is due has not been paid by the agreed upon date.
Example Sentence: "She was in arrears on her rent and faced eviction."
Synonyms: arrearage; claim; debit; deficiency; deficit; indebtedness
Opposite Meaning: advance

avarice (noun) /ˈav(ə)rɪs/
Definition: An extreme and insatiable desire for wealth, material possessions, or monetary gain.
Example Sentence: "He was driven by avarice and was always looking for ways to make more money."
Synonyms: acquisitiveness; avariciousness; covetousness; cupidity; desire; greed
Opposite Meaning: generosity

bursary (noun) /ˈbəːs(ə)ri/
Definition: A form of financial aid that is awarded to students to help them pay for their education.
Example Sentence: "The bursary is a valuable resource for students who need financial assistance."
Synonyms: aid; allowance; assistance; award; benefaction; charity
Opposite Meaning: loan

collateral (noun) /kəˈlat(ə)rəl/
Definition: An asset or property that is pledged as security for a loan or other financial obligation.
Example Sentence: "Collateral can include assets such as real estate, vehicles, or stocks and bonds."
Synonyms: assurance; belongings; deposit; guarantee; holdings; pledge
Opposite Meaning: risk

debit (verb) /dɛb ɪt/
Definition: To deduct or subtract an amount from an account or balance, typically in a financial or accounting context.
Example Sentence: "The bank will automatically debit the mortgage payment from your checking account."
Synonyms: abate; charge; decrease; deduct; dock; draw
Opposite Meaning: credit

deposit (noun) /dɪpɒzɪt/
Definition: A sum of money or an item that is placed or entrusted into the care, possession, or custody of another person, organization, or financial institution.
Example Sentence: "The hotel requested a deposit to confirm the reservation."
Synonyms: advance; cache; collateral; contribution; earnest; installment
Opposite Meaning: withdrawal

depreciate (verb) /dɪˈpriːʃɪeɪt/
Definition: To decrease in value over time, due to a variety of factors such as wear and tear, obsolescence, or changes in market demand.
Example Sentence: "High inflation can cause the purchasing power of money to depreciate."
Synonyms: cheapen; deflate; depress; devalue; downgrade; lessen
Opposite Meaning: appreciate

devalue (verb) /diˈvæl yu/
Definition: To reduce or diminish the worth, importance, or significance of something, typically in terms of monetary value or esteem.
Example Sentence: "The flood damage caused the property's value to devalue significantly."
Synonyms: belittle; cheapen; deflate; depreciate; diminish; discredit
Opposite Meaning: appreciate

discount (verb) /ˈdɪs kaʊnt/
Definition: To reduce or deduct a certain amount or percentage from the original price or value of something.
Example Sentence: "Despite the criticism, he refused to discount his dreams and pursued his passion relentlessly."
Synonyms: decrease; deduct; deprice; devaluate; devalue; disregard
Opposite Meaning: increase

dividend (noun) /ˈdɪvɪˌdɛnd/
Definition: A portion of a company's profits that is distributed to its shareholders as a form of payment for their investment in the company.
Example Sentence: "The company declared a generous dividend for its shareholders."
Synonyms: bonus; earnings; gain; payout; profit; remittance
Opposite Meaning: loss

emolument (noun) /ɪˈmɒljʊm(ə)nt/
Definition: Payment received for services rendered, especially in a professional capacity.
Example Sentence: "The emolument was a major factor in attracting and retaining talented employees."
Synonyms: compensation; earnings; income; pay; payment; profit
Opposite Meaning: nonpayment

excise (noun) /ˈɛksʌɪz/
Definition: A tax imposed on certain goods or products, typically those that are considered harmful or luxury items.
Example Sentence: "Excise on cigarettes is a major source of revenue for many countries."
Synonyms: charge; customs; duty; fee; imposition; impost
Opposite Meaning: exemption

expenditure (noun) /ɪkˈspɛn dɪ tʃər/
Definition: The act or process of spending money, resources, or effort in order to acquire goods, services, or achieve certain goals.
Example Sentence: "The company's expenditure on marketing increased significantly this year."
Synonyms: consumption; cost; disbursal; disbursement; expense; investment
Opposite Meaning: saving

fiat (noun) /ˈfiːat/
Definition: A government issued currency that is not backed by a physical commodity, such as gold or silver, rather by the government that issued it.
Example Sentence: "She was skeptical of fiat currency, preferring to invest in gold."
Synonyms: banknote; bill; cash; currency; greenback; money
Opposite Meaning: barter

fiscal (adjective) /ˈfɪskl/
Definition: Relating to finances, particularly those concerning government revenue, taxation, and expenditures.
Example Sentence: "The fiscal package includes funding for education and infrastructure projects."
Synonyms: bookkeeping; budgetary; commercial; economic; monetary; pecuniary
Opposite Meaning: bodily

frugal (noun) /ˈfruːɡl/
Definition: The practice of being economical and careful in the use of resources, especially money.
Example Sentence: "The family lived a frugal life, saving every penny they could."
Synonyms: austere; budgeting; careful; economical; modest; parsimonious
Opposite Meaning: wasteful

fund (noun) /fʌnd/
Definition: A sum of money or financial resources that are set aside, collected, or allocated for a particular purpose or cause.
Example Sentence: "The scholarship fund provided financial aid to deserving students."
Synonyms: bankroll; cache; coffer; hoard; kitty; pool
Opposite Meaning: debt

gratuity (noun) /ɡrəˈtjuːɪti/
Definition: A sum of money given to someone as a token of appreciation for a service rendered, also known as a tip.
Example Sentence: "He left a generous gratuity for the waiter who provided excellent service."
Synonyms: baksheesh; benefaction; bonus; contribution; donation; lagniappe
Opposite Meaning: non-reward

indebtedness (noun) /ɪnˈdɛt ɪd nɪs/
Definition: The state or condition of being in debt or owing someone a financial or moral obligation.
Example Sentence: "She expressed her profound indebtedness to her parents for their unwavering love and guidance."
Synonyms: accountability; arrear; burden; commitment; debt; duty
Opposite Meaning: autonomy

indemnity (noun) /ɪnˈdɛm nɪ ti/
Definition: Financial protection or compensation against a loss or damage caused by a specific event.
Example Sentence: "The insurance policy provided indemnity for the loss of the client's property."
Synonyms: amends; payment; quittance; redress; refund; reimbursement
Opposite Meaning: liability

inflation (noun) /ɪnˈfleɪ ʃən/
Definition: A sustained increase in the general price level of goods and services within an economy over time.
Example Sentence: "The central bank implemented measures to curb inflation and stabilize the economy."
Synonyms: appreciation; boost; escalation; expansion; growth; hike
Opposite Meaning: deflation

insolvent (adjective) /ɪnˈsɒlv(ə)nt/
Definition: Unable to pay debts or meet one's financial obligations when they are due.
Example Sentence: "The company was declared insolvent and went bankrupt."
Synonyms: bankrupt; broke; bust; failed; impoverished; indebted
Opposite Meaning: solvent

invest (verb) /ɪnˈvɛst/
Definition: To allocate money, time, or resources into an endeavor or asset with the expectation of achieving a positive return or benefit in the future.
Example Sentence: "She wants to invest in real estate properties."
Synonyms: allocate; back; commit; contribute; deposit; devote
Opposite Meaning: withdraw

invoice (noun) /ˈɪn vɔɪs/
Definition: A detailed itemized statement of goods or services provided, along with their corresponding costs, which is typically sent by a seller to a buyer.
Example Sentence: "The company issued an invoice for the goods delivered last week."
Synonyms: ccount; balance; bill; check; chit; ledger
Opposite Meaning: gift

ledger (noun) /ˈlɛdʒ ɛr/
Definition: A book or record that contains a systematic and detailed account of financial transactions.
Example Sentence: "The accountant diligently recorded each transaction in the ledger."
Synonyms: book; cashbook; daybook; journal; log; record
Opposite Meaning: disarray

liquidate (verb) /ˈlɪk wɪˌdeɪt/
Definition: To convert assets, typically in the form of property, investments, or inventory, into cash or cash equivalents.
Example Sentence: "They had to liquidate their investments to fund their new business venture."
Synonyms: cash; clear; close; convert; disburse; dispose
Opposite Meaning: retain

lucrative (adjective) /ˈluːkrətɪv/
Definition: Highly profitable or capable of generating substantial financial gains.
Example Sentence: "He gave up a lucrative career as a banker to look after his three young children."
Synonyms: advantageous; enriching; fruitful; gainful; moneymaking; paying
Opposite Meaning: unprofitable

niggard (noun) /ˈnɪg ərd/
Definition: A person who is stingy, miserly, or excessively frugal.
Example Sentence: "Despite his wealth, the man lived like a niggard, hoarding his money."
Synonyms: cheapskate; curmudgeon; grinch; hoarder; misanthrope; miser
Opposite Meaning: spender

parsimonious (adjective) /ˌpɑːsɪˈməʊnɪəs/
Definition: Characterized by extreme frugality and an unwillingness to spend money or resources generously.
Example Sentence: "The parsimonious old man was known for his frugality and tight-fistedness."
Synonyms: avaricious; cheap; closefisted; economical; frugal; miserly
Opposite Meaning: generous

parsimony (noun) /ˈpɑr səˌmoʊ ni/
Definition: A quality of being extremely unwilling to spend money or resources, often demonstrating excessive frugality or thriftiness.
Example Sentence: "The economist's argument for fiscal responsibility relied on the principle of parsimony."
Synonyms: austerity; economy; efficiency; frugality; moderation; prudence
Opposite Meaning: generosity

pecuniary (adjective) /pɪˈkjuːnɪəri/
Definition: Relating to or involving financial matters, particularly money or financial resources.
Example Sentence: "The pecuniary compensation was not enough to cover the damages."
Synonyms: banking; budgetary; budgeting; capital; cash; commercial
Opposite Meaning: non-financial

prodigal (adjective) /ˈprɒdɪɡl/
Definition: Wasteful or extravagant in the use of resources, particularly money.
Example Sentence: "The company's prodigal use of resources led to its eventual downfall."
Synonyms: dissolute; excessive; extravagant; immoderate; improvident; intemperate
Opposite Meaning: frugal

recoup (verb) /rɪˈkuːp/
Definition: To regain or recover something that has been lost, such as money, resources, or time.
Example Sentence: "The company is trying to recoup the losses from the failed project."
Synonyms: compensate; reacquire; recapture; redeem; reimburse; replenish
Opposite Meaning: lose

reimburse (verb) /ˌriːɪmˈbəːs/
Definition: To compensate someone for expenses or losses they have incurred.
Example Sentence: "The insurance company agreed to reimburse the cost of the medical treatment."
Synonyms: indemnify; reciprocate; recompense; redress; refund; remunerate
Opposite Meaning: charge

remittance (noun) /rɪˈmɪt(ə)ns/
Definition: A sum of money sent or transferred, typically from one individual or entity to another, often across geographical distances.
Example Sentence: "He sent a remittance to his family back home every month."
Synonyms: allowance; consideration; contribution; delivery; deposit; disbursement
Opposite Meaning: non-payment

remunerate (verb) /rɪˈmjuːnəreɪt/
Definition: To pay or give other compensation in exchange for work or services rendered.
Example Sentence: "The organization decided to remunerate the volunteers for their efforts."
Synonyms: award; compensate; grant; indemnify; recompense; refund
Opposite Meaning: underpay

revenue (noun) /ˈrɛvəˌnu/
Definition: The income or earnings generated by a business or organization through the sale of goods or services.
Example Sentence: "The company's revenue increased by 15% this quarter."
Synonyms: dividend; gain; interest; money; proceeds; profit
Opposite Meaning: loss

stipend (noun) /ˈstʌɪpɛnd/
Definition: A regular payment made to an individual, typically on a regular basis, as a form of salary or compensation.
Example Sentence: "The scholarship included a monthly stipend to cover living expenses."
Synonyms: allocation; allowance; award; benefaction; donation; endowment
Opposite Meaning: non-payment

thrifty (adjective) /ˈθrɪfti/
Definition: Having a prudent and economical approach to managing resources, expenses, and finances.
Example Sentence: "He prided himself on his thrifty lifestyle, living simply and avoiding excess."
Synonyms: budgeting; careful; economical; efficient; frugal; parsimonious
Opposite Meaning: extravagant