This video is part of a 30-day challenge to learn 105 academic words, useful for exams like IELTS and TOEFL, as well as for understanding English media. Each day, four words are explored in depth, including their definitions, pronunciations, and real-life examples. The video provides a downloadable list of words with definitions and quizzes. Today's words are 'Commission', 'Credit', 'Investment', and 'Purchase', each explained with multiple examples to enhance understanding beyond mere memorization.

What is the primary goal of the 30-day learning plan mentioned in the video?

• To prepare for a vocabulary competition

• To improve writing skills for academic purposes

• To memorize definitions of 105 words

• To learn 105 academic words for exams and English proficiency

Which of the following is NOT a meaning of the word 'Commission'?

• To order something to be made

• A type of government tax

• Money paid for selling something

• A group of people with an official task

In the context of the video, what does 'Credit' NOT refer to?

• A type of insurance policy

• An amount added to an account

• A record of bill payments

• Borrowed money to be repaid

What does the phrase 'to his credit' imply?

• He deserves praise

• He owes money

• He has a good credit score

• He is responsible for a mistake

What is a common meaning of 'Investment' as discussed in the video?

• A form of government bond

• A type of bank account

• A method of saving money

• Spending money to earn more

What does 'doubling down on investment' mean?

• Increasing effort or resources

• Withdrawing all investments

• Reducing investment by half

• Investing in two different areas

Which of the following is NOT a meaning of 'Purchase'?

• A type of financial loan

• The act of buying

• To buy something

• An item bought

What is an example of a 'major purchase' as mentioned in the video?

• Getting a new book

• Purchasing a house

• Buying a cup of coffee

• Acquiring a gym membership

What does the video suggest about using a noun before 'purchase'?

• It is grammatically incorrect

• It changes the meaning of 'purchase'

• It specifies what was bought

• It is a common mistake

What is the significance of real-life examples in learning new words?

• They provide context for usage

• They are not necessary for understanding

• They help in memorizing definitions

• They make learning more difficult