Money and Finance Vocabulary Words – Online Spelling Bee

Spell: annuity (noun) /əˈnjuːɪti/
Definition: A fixed stream of payments paid to someone over a predetermined period of time.
Example Sentence: "The lottery winner chose to receive their winnings as a lifelong annuity."
Word origin: The noun 'annuity' has its etymological origins in the Latin word 'annuitas,' derived from 'annus,' which means 'year.

Spell: 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: "The company struggled with arrears in its financial obligations."
Word origin: The noun 'arrears' has its etymological origins in Old French.

Spell: avarice (noun) /ˈav(ə)rɪs/
Definition: An extreme and insatiable desire for wealth, material possessions, or monetary gain.
Example Sentence: "Avarice can blind people to the needs of others."
Word origin: The noun 'avarice' has its etymological roots in Latin.

Spell: 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 university offers a bursary to deserving students."
Word origin: The noun 'bursary' has its etymology rooted in Latin and Middle English.

Spell: collateral (noun) /kəˈlat(ə)rəl/
Definition: An asset or property that is pledged as security for a loan or other financial obligation.
Example Sentence: "The bank required collateral for the business loan."
Word origin: The noun 'collateral' has its etymological origins in Latin.

Spell: 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: "Don't forget to debit the expense for office supplies from the petty cash account."
Word origin: The verb 'debit' has its etymological roots in Latin and French.

Spell: 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 landlord required a security deposit before renting out the apartment."
Word origin: The noun 'deposit' has its etymology rooted in Latin.

Spell: 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: "Economic fluctuations can cause assets to depreciate unexpectedly."
Word origin: The verb 'depreciate' has its etymological roots in Latin.

Spell: 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 economic crisis led to the devaluation of the country's currency, causing inflation to rise."
Word origin: The verb 'devalue' has its etymological origins rooted in Latin.

Spell: discount (verb) /ˈdɪs kaʊnt/
Definition: To reduce or deduct a certain amount or percentage from the original price or value of something.
Example Sentence: "I always discount his opinions because they are usually biased."
Word origin: The verb 'discount' is derived from the Old French word 'desconter,' which is a combination of 'des-' (meaning 'away from') and 'conter' (meaning 'to count' or 'to reckon').

Spell: 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 annual dividend payment provided a welcome boost to my income."
Word origin: The noun 'dividend' has its etymology rooted in Latin and Middle English.

Spell: emolument (noun) /ɪˈmɒljʊm(ə)nt/
Definition: Payment received for services rendered, especially in a professional capacity.
Example Sentence: "The emolument for the elected officials was a topic of much controversy and debate."
Word origin: The noun 'emolument' has its etymology rooted in Latin.

Spell: excise (noun) /ˈɛksʌɪz/
Definition: A tax imposed on certain goods or products, typically those that are considered harmful or luxury items.
Example Sentence: "He was surprised by the high excise on imported wines."
Word origin: The noun 'excise' has its etymological origins in Middle Dutch and Middle French.

Spell: 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 government announced a reduction in defense expenditures to allocate more funds for education."
Word origin: The noun 'expenditure' finds its etymological roots in the Latin word 'expendere,' which is a combination of 'ex-' meaning 'out' and 'pendere' meaning 'to weigh' or 'to pay.

Spell: 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: "The central bank manages the nation's fiat money supply."
Word origin: The noun 'fiat' has its etymological roots in Latin.

Spell: fiscal (adjective) /ˈfɪskl/
Definition: Relating to finances, particularly those concerning government revenue, taxation, and expenditures.
Example Sentence: "Fiscal policies aim to regulate economic growth."
Word origin: The adjective 'fiscal' has its etymology rooted in Latin.

Spell: frugal (noun) /ˈfruːɡl/
Definition: The practice of being economical and careful in the use of resources, especially money.
Example Sentence: "Frugal spending habits helped him achieve financial stability."
Word origin: The noun 'frugal' has its etymology rooted in Latin.

Spell: 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: "She contributed a generous amount to the disaster relief fund."
Word origin: The noun 'fund' has its origins in the Latin word 'fundus,' which referred to the bottom or base of something, particularly the soil or land.

Spell: 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: "I always make sure to tip generously because gratuity is an important way to show appreciation."
Word origin: The noun 'gratuity' has its etymological roots in Latin and Old French.

Spell: indebtedness (noun) /ɪnˈdɛt ɪd nɪs/
Definition: The state or condition of being in debt or owing someone a financial or moral obligation.
Example Sentence: "The community showed their gratitude by organizing a fundraiser to help alleviate the family's financial indebtedness."
Word origin: The noun 'indebtedness' is formed from the word 'indebted,' which has its origins in Old English.

Spell: indemnity (noun) /ɪnˈdɛm nɪ ti/
Definition: Financial protection or compensation against a loss or damage caused by a specific event.
Example Sentence: "He demanded an indemnity from the car rental company after his vehicle was stolen."
Word origin: The noun 'indemnity' has its etymological roots in Latin.

Spell: 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 government implemented measures to control inflation and stabilize the economy."
Word origin: The noun 'inflation' also has its etymological roots in Latin.

Spell: insolvent (adjective) /ɪnˈsɒlv(ə)nt/
Definition: Unable to pay debts or meet one's financial obligations when they are due.
Example Sentence: "She was forced to declare insolvency after her business failed."
Word origin: The adjective 'insolvent' has its etymological roots in Latin and Middle English.

Spell: 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: "They plan to invest in a promising startup."
Word origin: The verb 'invest' has its origins in the Latin word 'investire,' which combines 'in,' meaning 'in,' and 'vestire,' meaning 'to clothe' or 'to dress.

Spell: 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 customer requested a copy of the invoice for their records."
Word origin: The noun 'invoice' has its roots in the Latin word 'invoxare,' which is a combination of 'in,' meaning 'in,' and 'vox,' meaning 'voice' or 'call.

Spell: ledger (noun) /ˈlɛdʒ ɛr/
Definition: A book or record that contains a systematic and detailed account of financial transactions.
Example Sentence: "The auditors examined the ledger to verify the accuracy of the financial statements."
Word origin: The noun 'ledger' has its etymological roots in the Middle English word 'leggere,' which meant a large, flat stone used as a supporting slab for a roof or the floor of a building.

Spell: liquidate (verb) /ˈlɪk wɪˌdeɪt/
Definition: To convert assets, typically in the form of property, investments, or inventory, into cash or cash equivalents.
Example Sentence: "The bankrupt business decided to liquidate its assets and close down."
Word origin: The verb 'liquidate' has its roots in Latin.

Spell: lucrative (adjective) /ˈluːkrətɪv/
Definition: Highly profitable or capable of generating substantial financial gains.
Example Sentence: "Real estate investment can yield highly lucrative returns."
Word origin: The adjective 'lucrative' has its etymological roots in Latin.

Spell: niggard (noun) /ˈnɪg ərd/
Definition: A person who is stingy, miserly, or excessively frugal.
Example Sentence: "He was known among his friends as a notorious niggard."
Word origin: The term 'niggard,' which refers to a person who is stingy or miserly, has a somewhat controversial etymology.

Spell: parsimonious (adjective) /ˌpɑːsɪˈməʊnɪəs/
Definition: Characterized by extreme frugality and an unwillingness to spend money or resources generously.
Example Sentence: "She earned a reputation for being parsimonious with her expenses."
Word origin: The adjective 'parsimonious' has its etymological origins in Latin.

Spell: 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 philosopher advocated for the principle of parsimony as a guiding principle in ethical decision-making."
Word origin: The noun 'parsimony' has a rich etymology rooted in Latin.

Spell: pecuniary (adjective) /pɪˈkjuːnɪəri/
Definition: Relating to or involving financial matters, particularly money or financial resources.
Example Sentence: "The court imposed a pecuniary penalty on the defendant for their illegal activities."
Word origin: The adjective 'pecuniary' has its etymological roots in Latin.

Spell: prodigal (adjective) /ˈprɒdɪɡl/
Definition: Wasteful or extravagant in the use of resources, particularly money.
Example Sentence: "The prodigal heir squandered the family fortune."
Word origin: The adjective 'prodigal' has its etymological origins in Latin.

Spell: recoup (verb) /rɪˈkuːp/
Definition: To regain or recover something that has been lost, such as money, resources, or time.
Example Sentence: "They aim to recoup their losses through strategic business decisions."
Word origin: The verb 'recoup' has its etymological roots in Old French and Latin.

Spell: reimburse (verb) /ˌriːɪmˈbəːs/
Definition: To compensate someone for expenses or losses they have incurred.
Example Sentence: "Please keep your receipts for us to reimburse you."
Word origin: The verb 'reimburse' has its etymological roots in Latin and Old French.

Spell: 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: "The company sent a timely remittance to cover the outstanding invoice."
Word origin: The noun 'remittance' has its etymological origins in Latin and Old French.

Spell: remunerate (verb) /rɪˈmjuːnəreɪt/
Definition: To pay or give other compensation in exchange for work or services rendered.
Example Sentence: "Skilled professionals deserve to be remunerated appropriately for their expertise."
Word origin: The verb 'remunerate' has its etymological roots in Latin.

Spell: revenue (noun) /ˈrɛvəˌnu/
Definition: The income or earnings generated by a business or organization through the sale of goods or services.
Example Sentence: "The government implemented a tax reform to boost revenue and fund public services."
Word origin: The noun 'revenue' has its etymological origins in Latin.

Spell: 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: "Her stipend covers living expenses during the internship."
Word origin: The noun 'stipend' has its etymological roots in Latin.

Spell: thrifty (adjective) /ˈθrɪfti/
Definition: Having a prudent and economical approach to managing resources, expenses, and finances.
Example Sentence: "Thrifty individuals budget meticulously and avoid overspending."
Word origin: The adjective 'thrifty' has its etymological roots in Middle English and Old Norse.