Vocabulary related to economy

Not willing to do something

• Bailout

• Reluctant

• downturn

The act of helping a person or organization that is in difficulty, usually by giving or lending money

• Mortgage

• Recession

• Bailout

Discussions between people in order to reach position agreement on something such as prices, wages, working conditions.

• Bargaining

• Freefall

• Recession

A reduction in the amount or success of something, such as a country's economy activity.

• Downturn

• Mortgage

• Bailout

The process of failing or loosing value or strength quickly and continuously.

• Interest rates

• free fall

• reluctant

The interest that a bank or other financial company charges you when you borrow money, or the interest percent pays you when you keep money in an account.

• Bailout

• Interest rates

• Downturn

An agreement that allows you to borrow money from a bank or similar organization, especially to buy a house.

• Recession

• Bailout

• Mortgage

A period when the economy of a country is not successful and conditions for business are bad.

• Downturn

• Recession

• Bargaining