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Banking and Finance

BANKER’S DRAFT bæŋkərs dræft

07 Apr 2021

Noun

  • a written promise from a bank to pay money, especially to another bank.
Example Sentence: We require a banker's draft to secure the deal.
 

BUYOUT baɪˌaʊt

27 Jan 2021

Noun

  • when a person or group buys control of a company.
Example Sentence: A private equity firm has completed its £3.5bn buyout of the UK music group.
 

RAISE CAPITAL reɪz kæpɪtl

07 Jan 2021

Verb

  • to try to get money for a business venture.
Example Sentence: The factory was sold to raise capital.
 

EQUITY ɛkwɪti

22 Dec 2020

Noun

  • the value of a company’s shares.
Example Sentence: This quarter produced a return on equity of 8.85%.
 

BANKRUPT bæŋkrʌp

10 Dec 2020

Noun

  • financially unable to continue business.
Example Sentence: The company went bankrupt due to mismanagement.
 

TAKE A NOSEDIVE  

23 Nov 2020

Phrase

  • to collapse, to decrease in value.
Example Sentence: The stock market took a nosedive when the earnings of the oil company decreased.
 

SADDLED WITH DEBT  

13 Nov 2020

Phrase

  • to be burdened with debt.
Example Sentence: Our company is saddled with debt and must do something about it quickly.
 

ON CREDIT ɒn krɛdɪt

07 Oct 2020

Phrase

  • without paying cash.
Example Sentence: We usually buy most of our furniture on credit.
 

MAKE MONEY HAND OVER FIST  

04 Oct 2020

Phrase

  • to make a lot of money.
Example Sentence: The small ice cream shop has been making money hand over fist since it first opened last year.
 

MAKE AN OFFER  

03 Oct 2020

Phrase

  • to make a financial proposal for a product or service.
Example Sentence: We want to buy the house and we plan to make an offer on Saturday.
 

FLOAT (SOMEONE) A LOAN  

11 Sep 2020

Phrase

  • to loan someone money.
Example Sentence: I asked the bank to float me a loan so that I could buy a new car.
 

BUYOUT baɪˌaʊt

24 Aug 2020

Noun

  • when a person or group buys control of a company.
Example Sentence: A private equity firm has completed its $3.5bn buyout of the UK music group.
 

BOUNCE A CHECK  

19 Aug 2020

Phrase

  • to write a check in which you do not have enough.
Example Sentence: The young man bounced a check when he tried to pay his rent.
 

BANKROLL SOMEONE bæŋkˌroʊl

13 Aug 2020

Phrase

  • to supply someone with money, to finance someone.
Example Sentence: The movie actor bankrolled his son while the son was producing his first movie.
 

BANKER’S HOURS bæŋkərs aʊərs

12 Aug 2020

Phrase

  • short work hours (similar to when a bank is open)
Example Sentence: My sister's husband owns his own company and works banker's hours most days.
 
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