Internet: An interconnected
system of networks that connects computers around the world
Cash was taken during a burglary of the
apartment.
Satellite: Aerospace An object launched to orbit Earth or another celestial body.
Cybernetics: the
science of communications and automatic control systems in both machines and
living things.
Core
storage: a kind of computer memory consisting of
storage units made of ferromagnetic rings
DATUM: a single piece of
information; fact
To edit: To
prepare (written material) for publication or presentation, as by correcting,
revising, or adapting.
Electronics: the
branch of physics and technology concerned with the behaviour and movement of
electrons, especially in semiconductors and gases.
Feedback:
information given in response to a product, a person's performance of a task,
etc., used as a basis for improvement.
File: Computing a
collection of data or programs stored under a single identifying name.
Hardware: A
computer and the associated physical equipment directly involved in the
performance of
Data-processing or communications functions.
Software: programs
and other operating information used by a computer.
Input: information
that is put into a computer
Inquiry: an
act of asking for information
.
Memory: A unit of a computer that preserves data
for retrieval.
Load: to put a
program into a computer, or to be put into a computer:
Output: if a computer outputs
information, it produces it
Simulator: a machine
that is used for training people by letting them feels what real conditions are
like, for example in a plane:
a flight simulator
Translator: someone who changes
writing into a different language
To
update: a change or addition to a computer file so that it has the most recent
information
To
broadcast: a
programme on the radio or on television
Live program: a TV.
Program which is broadcasted alive
News
bulletin: A
brief update or summary of current news, as on television or radio or in a
newspaper.
Close
shot: a
motion-picture shot made with the camera near the person or object but far
enough away to include some of the background
Capitalist
economy using or supporting capitalism the capitalist system
Autarchy: Absolute rule or
power; autocracy; 2 economic independence or
self-sufficiency. 3 a state or
society which is economically independent.
Purchasing
power: is the
number of goods/services that can be purchased with a unit of currency.
Scarcity: a situation in which
there is not enough of something
▪ the scarcity of employment opportunities
Stagnation: is a prolonged period of slow economic growth , usually accompanied by high unemployment.
Underdevelopment: a
country, area etc that is poor and where there is not much modern industry
Share: one of
the equal parts into which the ownership of a
company is divided
Shareholder: someone who owns shares
in a company or business
Investment: the use of money to get a
profit or to make a business activity successful, or the money that is used
Checking
ACCOUNT: a bank account that you can take money out of at any time, and for which you are given checks to use to pay for things synonym current account British English
Cash: money in
the form of coins or notes rather than cheques, credit cards etc:
Cash was taken during a burglary of the
apartment.
Bill : a written list showing
how much you have to pay for services you have received, work that has been
done etc
Local
currency: a local
currency, in its common usage, is a currency not backed by a national government
Stock
exchange: provides
services for stock brokers and traders to trade stocks, bonds, and other securities
Saving: all the money that you
have saved, especially in a bank
Inflation: a continuing increase in
prices, or the rate at which prices increase
Lender: a person
or organization that lends money to people on condition that they pay it back
Loan: an amount of money that
you borrow from a bank etc
Mortgage: a legal
arrangement by which you borrow money from a bank or similar organization in
order to buy a house, and pay back the money over a period of years:
Debtor: a person, group, or organization
that owes Money
Goods: things
that are produced in order to be sold
Raw
materials: An unprocessed natural product used in manufacture.
Supply: an
amount of something that is available to be used supply of
Eg. I've only got a week's supply of tablets left.
Expenditure:
the total amount of money that a government, organization, or person
spends during a particular period of time synonym spending
Income: the
money that you earn from your work or that you receive from investments, the
government etc
Earnings: the money that you receive for the
work that you do
Yield: the
amount of profits, crops etc that something produces:
▪ the average milk yield per cow has doubled.
Tax: an amount
of money that you must pay to the government according to your income,
property, goods etc and that is used to pay for public services
Custom. Someone
who buys goods or services from a shop, company etc:
Middleman: someone who buys things in order to
sell them to someone else, or who helps to arrange business deals for other
people
Wholesaler a person or company who sells goods
wholesale
Retailer a person or business that sells
goods to customers in a shop
Purchase something you buy, or the act of
buying it:
▪ She paid for her purchases and left.
Bulk
sale: the sale of all or a large part of a merchant's stock as well as
equipment.
Instalment
plan: A credit system by which payment for merchandise
is made in installments over a fixed period of time.
Black-market the system by which people illegally
buy and sell foreign money, goods that are difficult to obtain etc
Monopoly a large company that controls all or
most of a business activity:
Foresight the ability to imagine what is
likely to happen and to consider this when planning for the future
Budget the
money that is available to an organization or person, or a plan of how it will
be spent
Accountant someone whose job is to keep and
check financial accounts, calculate taxes etc
RECEIPT a piece of paper that you are given
which shows that you have paid for something
VOUCHER a ticket that can be used instead of
money for a particular purpose
ADVANCED to give someone money before they
have earned it
CASH ON
DELIVERY a payment system in which
the customer pays the person who delivers the goods to them
DOWN
PAYMENT a payment you make when
you buy something that is only part of the full price, with the rest to be paid
later:
▪ we’ve almost got enough money to
make a down payment on a house.
PAYMENT
IN KIND a way of paying for
something with goods or services instead of money
REFUND an amount of money that is given
back to you if you are not satisfied with the goods or services that you have
paid for
COMPENSATION money paid to someone because they
have suffered injury or loss, or because something they own has been damaged
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