Economy. Finance. Income. Significant

Economy

/ ɪˈkɑn ə mi /

(n) the wealth and resources of a country or region, especially in terms of the production and consumption of goods and services

● Immigration is healthy for our economy.

● Government rules and regulations can impact a country's economy.

● We want to create a stronger economy here at home.

(adj) costing less; saving money

● I don't need a big car; I'm going to rent an economy car.

● Economy options are 20-50% cheaper than standard ones.

● Economy motel rooms may or may not include a kitchenette.

Other words in this family: economic, economical, economically, economics, economies, economist, economists, uneconomical

Finance

/ fɪˈnæns, ˈfaɪ næns /

(n, adj) the management of revenues; the way in which money is used and handled

● (n) She's taking a course on personal finance.

● (n) Some people go back to school and get jobs in finance because they want to make a lot of money.

● (adj) If you're the ideas person, you might need a really grounded finance person.

(v) to give or loan money to something or someone

● His parents financed his college education.

● The bank won't finance a loan if you don't have good credit.

● A mortgage lender can finance the purchase of a house.

Other words in this family: financed, finances, financial, financially, financier, financiers, financing

Income

/ ˈɪn kʌm /

(n) money that is earned from work, investments, business, etc.

● (non-count) Farming was their main source of income.

● (count) Even on two incomes, we're having a hard time keeping up with our bills.

● (count) We've seen wages and incomes stop increasing; they have flat-lined.

Other words in this family: incomes

Labor

/ ˈleɪ bər /

(n) physical or mental effort

● The cost of repairing the car includes parts and labor.

● Many of the great inventions of the last 200 years were designed to replace human labor.

● Many young people have to try to enter the labor markets.

(v) to do work

● Both sides continue to labor to find a solution.

● We don't have to labor under the dogmas of an earlier generation.

● The workers labored for 8-12 hours a day.

Other words in this family: labored, labors, laboring

Significant

/ sɪgˈnɪf ɪ kənt /

(adj) large enough to be noticed or have an effect; very important

● The question is: “Will you find something that is scientifically significant?”

● It is a significant problem around the world.

● There is a significant difference in prices between the two stores.

Other words in this family: insignificant, insignificantly, significance, significantly, signified, signifies, signify, signifying