Exam: BEC Higher

Definition: An amount of money that is paid for a specific service or privilege, such as tuition or a license.

Example: The school charges a fee for enrollment each semester.

Definition: To pay someone for a service or to give a tip to someone.

Example: I decided to fee the waiter for his excellent service.

Definition: The process of completing or making something final.

Example: The finalization of the project took longer than expected.

Definition: The study and management of money, including how it is obtained, spent, and invested.

Example: She decided to pursue a degree in finance to better understand how to manage investments.

Definition: To provide money or resources for a project, purchase, or investment.

Example: The bank will finance the construction of the new building.

Definition: Connected to money management, investments, and the economy.

Example: She is studying financial management to help businesses succeed.

Definition: In a way that relates to money or finance.

Example: She is financially independent and does not rely on anyone for support.

Definition: A person who is skilled in managing large amounts of money, especially in investments and financial matters.

Example: The financier helped the company secure funding for its new project.

Definition: The process of providing money for a business or project, often through loans or investments.

Example: The company is seeking financing to expand its operations.

Definition: To provide money for a project or activity, often in the form of a loan or investment.

Example: The bank is financing the new shopping center.

Definition: The act of dismissing someone from their job or position.

Example: After several warnings, the company decided on his firing.

Definition: The strongest or most solid version of something, often used to describe something that is not soft or weak.

Example: She gave the firmest handshake I had ever experienced.

Definition: The most important or leading item in a group, often representing the best quality or highest status.

Example: The new smartphone is the flagship model of the company, showcasing their latest technology.