Exam: BEC Vantage

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: Information or comments given about something, often to help improve it or evaluate its effectiveness.

Example: The teacher asked for feedback on the new teaching methods to see how they could be improved.

Definition: The process of using a tool to smooth or shape a surface, or the small pieces that are removed during this process.

Example: The carpenter spent the afternoon on the filing of the wooden pieces to make them smooth.

Definition: To complete or make something final, especially a plan or decision.

Example: We need to finalise the details of the project before the deadline.

Definition: To make something final or complete, often by making the last decisions or changes needed.

Example: The team worked late to finalize the project before the deadline.

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: 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: Describing someone or something that can be dismissed from a job or position.

Example: The employee was warned that their performance was fireable if it did not improve.