Advanced Vocabulary for IELTS 7.0 – 8.0 – 9.0: THE BUSINESS WORLD ( Part 3)

Advanced Vocabulary for IELTS 7.0 – 8.0 – 9.0: THE BUSINESS WORLD – Practice Exercises and Answer Key ( Part 3)

THE BUSINESS WORLD ( PART 3)

(H)

Choose a word from the box to fit in each gap below. You should use each word once only.

1. It is a steep _______ curve, but you are expected to climb it without someone having to hold your hand all the way; you must be quick to catch on to succeed in this company.
2. The job was quite ___________ intensive, which is what brought the cost up from the original estimate.
3. He was paid some _________ money in return for his public silence on the issue of who the child’s mother was.
4. He invested in the company as a __________ partner, leaving the running of the business entirely in the hands of the other owners.
5. It was exposed as a ___________ scheme and he was arrested on the charge of misappropriating some £6 million in total.
6. The _____________ trade in this area is quite strong, which is just as well because there is not enough local business to sustain a service station round here.
7. He had built up a considerable ___________ egg for himself by the time of his retirement.
8. The couple were exempt from paying ____________ duty on their house purchase as the home’s value did not exceed the threshold of £250,000.
9. He strongly refutes the charge of ___________ trading and claims that he is a victim of his own success.
10. The judge issued a ___________ order to prevent the witness releasing a statement to the press.
11. He secured a ___________ interest in the company when his brother died as the latter’s shares passed to him.
12. He was given a _________ handshake to ensure that he would leave his post without incident.
13. Naturally, you will be liable for _________ tax if you stand to gain to the tune of £ I million or more from the proceeds of your father’s will.
14. The phenomenon of ___________ inflation is seldom an issue outside of wartime, during which it is nearly impossible to avoid.
15. Goodwill is one of the most significant ___________ assets found on this company’s balance sheet.

(I)

Match the following words/phrases in Column A with the words/phrases of similar meaning in Column B.

Now complete the sentences below using words/phrases from Column B. You will not need to use all the words/phrases.

1. He has been drawing the _________ for well over a year now so his employment prospects must surely be diminishing by the day.
2. The Russian oil __________ has bought a majority share in another of the Premiership’s top football clubs.
3. ____________ has exceeded income for the third successive quarter – soon we will have serious cash-flow issues.
4. She has taken a _________ in order to spend some time caring for her terminally ill partner.
5. This quarter has been a(n) ____________ one for new-car sales, which have risen by 25%.
6. If the company is ____________ as you speculate then it is only a matter of time before it will miss one of its repayments.

ANSWER KEY

(H)

(I)

1. Dole
2. magnate
3. Expenditure
4. leave of absence
5. bonanza
6. insolvent

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