Exam: TOEIC

Definition: A type of international trade where countries exchange goods without using money, often involving a direct swap of products.

Example: The two countries engaged in countertrade to balance their trade deficits.

Definition: A place where a business keeps its financial records and manages its accounts.

Example: The company moved its countinghouse to a larger office to accommodate more staff.

Definition: A piece of paper or a digital code that gives you a discount or a special offer when you buy something.

Example: I used a coupon to save money on my groceries.

Definition: The practice of using coupons to save money on purchases by getting discounts or special offers.

Example: Many people enjoy couponing to reduce their grocery bills.

Definition: A person or company that delivers messages, packages, or documents from one place to another.

Example: The courier delivered the important documents to the office on time.

Definition: To write something together with another person, usually as a team effort.

Example: They decided to cowrite a book about their travels.

Definition: To acknowledge someone for their contribution or to attribute something to them.

Example: The teacher credited the student for her hard work on the project.

Definition: A person or organization that lends money or extends credit to another party, expecting repayment in the future.

Example: The creditor agreed to give the borrower more time to pay back the loan.

Definition: Having a good credit rating that shows a person or organization is likely to pay back borrowed money.

Example: The bank approved her loan application because she was considered creditworthy.

Definition: To work as part of a group of people who operate a vehicle or perform a task together.

Example: He decided to crew on a sailing boat during the summer.

Definition: A group of people who work together, especially on a ship, aircraft, or in a specific job.

Example: The film crew worked late into the night to finish the project.