GRE words for money and thrift word list

This GRE vocabulary word list focuses on terms related to money and thrift, essential for understanding financial discussions and literature in an academic context.

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investment

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the action or process of investing money for profit

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Quiz(20 questions)

Question 1 of 20

1. What does 'investment' mean?

Terms in this Study Set(20)

Financial Vocabulary(12)

investment

the action or process of investing money for profit

liquidity

the availability of liquid assets to a market or company

capital

wealth in the form of money or assets

dividend

a payment made by a corporation to its shareholders

asset

a useful or valuable thing, person, or quality

debt

money that is owed or due

equity

the value of the shares issued by a company

interest

the charge for the privilege of borrowing money

portfolio

a range of investments held by a person or organization

revenue

income generated from normal business operations

fiscal

related to government revenue, especially taxes

budget

an estimate of income and expenditure for a set period

Thrift and Frugality(8)

frugality

the quality of being economical with resources

thrifty

using money and other resources carefully and not wastefully

austere

severe or strict in manner, attitude, or appearance; having few comforts or luxuries

penny-pinching

the act of being excessively careful with money

economical

giving good value or service in relation to the amount of money, time, or effort spent

savings

the money that you save, especially in a bank

budget-conscious

being aware of and careful about spending money

cost-effective

producing good results without costing a lot of money

Questions in this Study Set(20)

1. What does 'investment' mean?

A.the action or process of investing money for profit
B.wealth in the form of money or assets
C.income generated from normal business operations
D.money that is owed or due

2. What does 'thrifty' mean?

A.Using money and resources carefully and not wastefully
B.The quality of being excessively careful with money
C.Severe or strict in manner, attitude, or appearance
D.Producing good results without costing a lot of money

3. Which word means 'the availability of liquid assets to a market or company'?

A.capital
B.liquidity
C.equity
D.portfolio

4. Which word means 'the quality of being economical with resources'?

A.Penny-pinching
B.Cost-effective
C.Frugality
D.Austere

5. In finance, what does 'capital' refer to?

A.wealth in the form of money or assets
B.a payment made by a corporation to its shareholders
C.the charge for the privilege of borrowing money
D.an estimate of income and expenditure for a set period

6. In the context of personal finance, what does 'austere' imply?

A.Having few comforts or luxuries
B.Producing good results without costing a lot of money
C.The money that you save, especially in a bank
D.Being aware of and careful about spending money

7. What does 'dividend' mean?

A.a payment made by a corporation to its shareholders
B.the value of the shares issued by a company
C.the income generated from normal business operations
D.money that is owed or due

8. What does 'budget-conscious' mean?

A.The money that you save, especially in a bank
B.Being aware of and careful about spending money
C.Using money and resources carefully and not wastefully
D.The quality of being economical with resources

9. Which word means 'a useful or valuable thing, person, or quality'?

A.asset
B.revenue
C.debt
D.fiscal

10. Which word refers to 'producing good results without costing a lot of money'?

A.Cost-effective
B.Frugality
C.Penny-pinching
D.Thrifty

11. What does 'debt' refer to?

A.money that is owed or due
B.the charge for the privilege of borrowing money
C.the value of the shares issued by a company
D.an estimate of income and expenditure for a set period

12. What does 'savings' refer to?

A.The quality of being excessively careful with money
B.The act of managing resources carefully
C.Money that you save, especially in a bank
D.Having few comforts or luxuries

13. Which term describes 'the value of the shares issued by a company'?

A.equity
B.portfolio
C.interest
D.budget

14. In a financial context, how would you use 'penny-pinching' in a sentence?

A.She was very penny-pinching when planning her vacation budget.
B.The cost-effective solution saved the company a lot of money.
C.Frugality allows us to enjoy life without overspending.
D.They adopted an austere lifestyle to save more money.

15. What does 'interest' mean?

A.the charge for the privilege of borrowing money
B.money that is owed or due
C.income generated from normal business operations
D.a payment made by a corporation to its shareholders

16. Which word means 'using money and other resources carefully and not wastefully'?

A.Frugality
B.Savings
C.Thrifty
D.Cost-effective

17. In finance, what is a 'portfolio'?

A.a range of investments held by a person or organization
B.the income generated from normal business operations
C.the value of the shares issued by a company
D.wealth in the form of money or assets

18. What does 'revenue' mean?

A.income generated from normal business operations
B.money that is owed or due
C.the charge for the privilege of borrowing money
D.a payment made by a corporation to its shareholders

19. Which word means 'related to government revenue, especially taxes'?

A.fiscal
B.dividend
C.asset
D.budget

20. What does 'budget' refer to?

A.an estimate of income and expenditure for a set period
B.the value of the shares issued by a company
C.the charge for the privilege of borrowing money
D.a range of investments held by a person or organization

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