Exam: BEC Higher

Definition: Something that is acceptable to a bank or likely to bring profit.

Example: The film was considered bankable because of its star cast and strong script.

Definition: A book that a bank gives to a customer to keep track of their deposits and withdrawals.

Example: I checked my bankbook to see how much money I had left.

Definition: A type of bench or seating area, often found in restaurants or cafes, typically along a wall.

Example: The restaurant had a cozy bankit where customers could sit and enjoy their meals.

Definition: A piece of paper money that is used as currency for transactions.

Example: I took out a banknote to pay for my groceries.

Definition: A person or organization that provides financial support or funding for a project, business, or individual.

Example: The film was made possible thanks to a generous bankroller who believed in the project.

Definition: Having no money or being unable to pay debts; financially ruined or legally declared insolvent.

Example: After years of poor management, the company went bankrupt and had to close its doors.

Definition: A person who is unable to pay their debts and has had their financial affairs taken over by the court for the benefit of creditors.

Example: After losing his job, he became a bankrupt and had to seek legal help.

Definition: To make someone or something unable to pay their debts, leading to financial failure.

Example: The poor management of the company bankrupted it within a year.

Definition: A standard or point of reference used to measure or judge the quality or performance of something.

Example: The company uses sales figures as a benchmark to evaluate employee performance.

Definition: To evaluate or measure something against a standard or reference point to improve performance or quality.

Example: The company decided to benchmark its services against those of its competitors to identify areas for improvement.

Definition: A person who places a wager or gamble on the outcome of an event, often in games or sports.

Example: The bettor placed a large bet on the horse race.

Definition: To make an offer to pay a certain amount for something, often in an auction or competitive situation.

Example: She decided to bid on the painting at the auction.

Definition: An offer or proposal to pay a certain amount for something, often in an auction or competitive situation.

Example: She made a bid on the antique vase at the auction.

Definition: To offer a certain amount of money for something, especially in an auction or competitive situation.

Example: She decided to bid $100 for the antique vase at the auction.

Definition: A person who offers a certain amount of money for something, especially at an auction or in a competitive situation.

Example: The highest bidder won the painting at the auction.