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profitable ;ргоПtэb^11| pra:-/ [adj] a profitable business or activity makes a profit: We don't sell children's clothes any more ~ it wosn't profitable enough.

U money that you pay to the government

tax taeks [n С/UJ money that you have to pay to the government, especially from the money you earn or as an additional payment when you buy something: The Republicans promised to reduce taxes before the last election. tax on alcohol/cigarettes etc (=tax that is added to the price of alcohol, cigarettes etc)

income tax (=tax that you pay according to how much money you earn) sales tax (=a tax added to the price of something you buy)

ajter tax (=after you have paid income tax) I made over $600 a week, which was around $450 after tax.

plural taxes

You can also use tax before a noun, like an adjective: a tax inspector I filling in a lax form

taxpayer /'taeks.peioV [n C] someone who pays tax

taxpayers' money (=money the government gets from taxes) This defence project is simply a waste of taxpayers' money.

the taxpayer (-all the people in a country who pay tax) Bonus payments to top officials cost the taxpayer millions of pounds each year.

В additional money that you pay when you borrow money, or that you receive when you save money

interest /'intrust/ [n U] If you had half a

million dollars you could easily live off the interest.

+ on The interest on the loan is 16.5%. interest rate {=the amount of interest you pay or receive) My bank charges really

high interest rates.

high/low interest a high interest savings account

В money that you give to someone to make them do something dishonest

bribe /braib/ [n Q money that someone gives to a person in an official position, in order to persuade them to do something that they should not do take/accept a bribe The judge admitted that he had accepted bribes. pay (sb) a bribe (=give someone a bribe) You won't get across the border unless you pay the guards a bribe of at least

$500.

bribery [n U] when people give and accept bribes: The inquiry showed that bribery was widespread.

Id money for starting a business, paying for something important etc

/inance /'fainaens, f^'naensllf^'nsens, fainaens/ [n U) money that you borrow or receive in order to pay for something important and expensive, for example for starting a business: We can't continue our research unless we get more finance. + for How will you get the /inance for your university course?

capital kaepi»tl/ |n U] a large amount of money that you can use to start a business or to pay for something that will eventually produce more money: You can make a lot of money from renting property, but you need capital to get started. raise capital formal (=get the money you need, for example by borrowing from a bank) It took him just three months to raise the capital for ma/cing the movie.

funding /'fAnd 113/ [n U) money that a government or large organization provides to pay for education, theatre, music etc, not for business activities: Nowadays, schools have to find funding from private industry as well as from the Education Department. I The daycare center couldn't survive without government funding.

+ for cuts in funding for the arts

495

MONEY

subsidy /'sAbs^di/ [n C] money that the government provides to help a business or industry which might not be able to operate without this additional money:

Generous subs/dies are available to farmers who produce wheat I Without state subsidies, the railways couldn't survive.

plural subsidies

invest ,/in'vcst; \v I/T] to let a company, business, or bank use your money for a period of time, especially because you expect that you will eventually get back more money than you gave; I want to invest the money my aunt left me. + in Investing in property is no longer as safe as it used to be. invest money in sth I invested £5000 in my brother's printing business, investor In C] someone who invests money in a bank or business: Most of the money came from foreign investors.

put money into sth ,р<л nuni mtu:

(sth), to give money to a business to help it become successful, often in order to get back more money than you have given: Unless they can find someone to put more money into it, the film studio wif/ have to close, t The government ought to put more money into public transportation.

connected with the way that money is used

financial /fJ/nampl, fa I - / (ad; usually before noun] connected with money - use this about the way that people and organizations use and control their money: Joan has a lot of financial problems at the moment. I Wall Street is the financial center of the US. I The accounts show that the school's financial position is very healthy.

financially [adu] She wanted to go out to work and be financially independent.

economic /.екэ'пэгшк*, ,i:-|-'na:- [adj

MONEY

usually before noun] use this about the way that a country's money and wealth is produced, spent, and controlled: The President's economic reforms have put a lot of people out of work. I a period of economic growth I the need for economic planning economically [adu] an economically advanced country

economy /rkDn9mi||i'ka:-, [n C] the economic system of a country, including its trade and industry: the collapse of the German economy in the 1920s I one of the most successful economies in Asia the economy (=a country's economy) This

10

government has ruined the economy. plur.il economies

someone who wants a

lot of money or always thinks about money

greedy gri:di [adj] someone who is greedy wants a lot of money, even though they do not need it: Britain has some of the greediest landlords in Europe. I corrupt and greedy politicians

greedy - greedier - greediest

greed [n U] when you keep wanting more money: No-one needs to earn that much - it's just greed!