Thursday, June 13, 2019

English Expressions related to Economy & Business


Living in a capitalistic society could mean enjoying “ample opportunities to prosper” or facing the frustrating reality that “the rich get richer and the poor get poorer”. As we learn from Dr. Johnson’s book “Who Moved My Cheese?”, the best way to lead a life in abundance or become self-empowered in terms of economy might be to get ready for constant changes. This week, let us go over some useful English expressions/ vocab for money, finance, and economy.





    1.   in free fall: uncontrollably decreasing/ declining

    2.   to corner the market: to get control of the trade in a particular type of goods, so that you control its price and the conditions of sale

    3.   to weather the storm: to survive the bad times

    4.   from the ground up: from scratch/ to build or start something from nothing, from zero

    5.   daylight robbery: obvious/ unfair overcharging

    6.   to coin it in: to make a good profit; earn a large salary or wage

    7.   to feel the pinch: to be under financial hardship

    8.   pretty penny: a large or considerable amount of money

    9.   gravy train: a job that pays a lot of money for little effort

    10.               false economy: something that may initially appear fantastic from the outside but does not live up to expectations/ an initial attempt to save money that ends up costing a person more money in the future

Time to practice what you’ve learned in sentences!



1.   A: It’s not fair that such a sly dude as Josh is earning pretty ________________________ doing nothing important in our department.

B: You’re right. Josh is so lucky to be on the ________________  train.


2.   Hyundai has ____________________ the market in the car market in Korea, but doesn’t quite seem to appreciate Korean customers in many ways.

3.   Since K-beauty products have made a smashing hit around the world, quite a lot of Korean makeup artists have launched their own brands of cosmetics and ________________ it in.

4.   Did you say you paid fifty bucks for just one lip stick of that brand? Holy cow! That is a _______________________ robbery!


5.   Frank became bankrupt, but soon he pulled himself together and start all over from ____________________________ .


6.   Theresa gets paid chicken feed, and she always feels the ______________.


7.   Greece has been in free _______________ and striving to learn the lesson to weather the ____________________.


8.   We shouldn’t have bought a membership of this wholesale store, because we spend much more money than needed here. It is a typical case of ___________________ economy.





<Answer Keys>
    
     1.  penny, gravy
     2.  cornered
     3.  coined
     4.  daylight
     5.  the ground up
     6.  pinch
     7.  fall, storm
     8.  false economy

No comments:

Post a Comment

BRAINTEASERS

Care for some silly but fun, brain-teasing riddles?   E.g., What gets shorter as it grows older?   => answer: a candle       1.  ...