Tiếng Việt
ITT – The society has been growing, which is attached to the development of economy in parallel with the progress of the world. In order to integrate with new market you need to change yourself to adapt this environment, and one of which is English, especially Economics terms in English.
There are 2 objects of learning Economics in English. First, international school students who are facing with this difficult subject. At some schools, Economics in English is required in curriculum and you have to accomplish it. You will face with Maths exercises that you haven’t ever met before and you have to reason and analyze to solve problems.
The second object is students who have the desire to study Economics to earn a high salary or work overseas. Poor vocabulary is such a difficulty to communicate or how to use words in report. Therefore, here is a list of popular Economics terms in English.
| Economics terms in English | Definition |
| Abolish | Formally put an end to a practice or institution. |
| Absolute security | It is defined something safe 100 percent with no exception. |
| Accompany | Provide or serve as a complement to. |
| Account holder | The person whose name is on a bank account. |
| Achieve | Bring about or accomplish by effort, skill, or courage. |
| Adaptor | A device for connecting pieces of equipment. |
| Administrative cost | They are the expenses that an organization incurs not directly tied to a specific function such as manufacturing, production or sales. |
| Beneficiary | A person who gain benefit from something, especially trust or will. |
| Authorize (Authorization) | To give authority or official power to. |
| BACS | Bacs Payment Schemes Limited, formerly known as Bankers’ Automated Clearing Services, is the organisation with responsibility for the schemes behind the clearing and settlement of UK automated payment methods, Direct Debit and Bacs Direct Credit. |
| Bank card | It is typically a plastic card issued by a bank to its clients that performs one or more of a number of services that relate to giving the client access to their account. |
| Banker | Bankerve official permission for or approval to. |
| Bankrupt Bust | A company or trade organization faces with difficult financial, lose benefit and can’t afford to paying debt. |
| Carry out | Do, complete or execute. |
| Cash card | A plastic card issued by a bank or building society which enables the holder to withdraw money from a cash dispenser. |
| Cash flow | A total amount of money passing into and out of a business, especially as affecting liquidity. |
| Cashier | A person handling payments and receipts in a shop, bank, or business. |
| Cashpoint | Where you can get cash instead of go to the bank. |
| Central switch | Control all of information, images and treat trouble. |
| CHAPS | This is the last system to complete stockbroking process. |
| Charge card | A credit card for use with an account which must be paid in full when a statement is issued. |
| Check-out till | A place you pay youe money after your shopping. |
| Cheque card | A card issued by a bank to guarantee the honouring of cheques up to a stated amount. |
| Cheque clearing | It is the process of moving a cheque from the bank in which it was deposited to the bank on which it was drawn, and the movement of the money in the opposite direction. |
| Circulation | Movement to and fro or around something. |
| Clear | Discharge all of debts. |
| Codeword | A word or phrase that has a secret meaning or that is used instead of another word or phrase to avoid speaking directly. |
| Collect | Bring or gather together. |
| Commission | A sum paid to an agent in a commercial transaction. |
| Constantly | Qccurring continuously, remain the same. |
| Consumer | A person who buy goods or services for personal use. |
| Correspondent | Bank transaction. |
| Cost | The amount that something costs. |
| Counter | A long flat-topped fitment across which business is conducted in a shop or food and drinks are served. |
| Crossed cheque | It is crossed with two parallel lines, either across the whole check or through the top left-hand corner of the cheque. |
| Current account | An account with a bank or building society which money may be withdrawn without notice. |
Now, Intertu Education is enrolling potential students for Economics in English courses and Economics international programs (IB Economics, AP Economics, A-level Economics, IGCSE Economics). For inquiries, please contact us directly or via email or hotline.
