UNIT 6

6.1 mutual fund (n) /ˈmjuː.tʃu.əl a service If you want to invest in a mutual
ˌfʌnd where fund , you should find a financial
financial expert who you can trust in
experts
invest the
money of
many people
in many
different
companies
6.1 pool (v) /puːl/ to collect I and my brother pool the money to
something buy my mom a new car
such as
money for it
to be used
by several
different
people or
groups
6.2 risk-averse (adj) /ˈrɪsk əvɜːs/ not willing He is a risk-averse person because
to do he spends all his fortune to buy
something if lottery
it is possible
that
something
bad could
happen as a
result
6.2 risk tolerance (n) /rɪsk ˈtɒlərəns/ the degree Risk tolerance is an important
of variability element in everyone's investment
in
investment
returns that
an investor
is willing to
withstand in
their
financial
planning
6.3 IRA (n) /ˈɑɪ·rə, ˈɑɪˌɑrˈeɪ/ retirement If you want to save money for your
savings retirement, you should open an IRA
account
6.3 tax deduction /tæks dɪˈdʌkʃən/ a deduction Because you have made a donation
that lowers of $1000, you will be given a tax
a person's or deduction
an
organization'
s tax liability
by lowering
their taxable
income
UNIT 6

6.3 rollover (n) /ˈrəʊl.əʊ.vər a situation in People can transfer their

which a retirement funds into an IRA by
prize has not using rollover
been won in
a
competition
and is added
to the prize
offered in
the next
competition
6.3 pension (n) /ˈpen.ʃən/ an amount Teachers who older than 60 years
of money old, are given pensions by the
paid government
regularly by
the
government
or a private
company to
a person
who does
not work
any more
because
they are too
old or have
become ill
6.3 profit sharing (n) /ˈprɒf.ɪt ˌʃeə.rɪŋ/ the system Do you have any idea to improve
of sharing our profit sharing plan?
the profits
that a
company
makes
between all
the people
who work
for it
6.4 shareholder (n) /ˈʃeəˌhəʊl.dər/ a person My dad wants to become a
who owns shareholder of Vingroup
shares in a
company
and
therefore
gets part of
the
company's
profits and
the right to
vote on how
the
company is
UNIT 6

controlle
6.4 dividens (n) /ˈdɪv.ɪ.dend/ the profit of Everyone wants to become
a company shareholder of Apple because of its
that is paid huge dividends
to the
people who
own shares
in it:
6.4 IPO /ˌaɪ.piːˈəʊ/ initial public Vinfast has made a successful IPO in
offering: the USA
first sale of a
company's
shares to the
public
6.4 going concern (n) /gəʊɪŋ kənˈsɜːn/ if a company We will get a better price if they sell
is sold as a the restaurant as a going concern
going rather than closing it down
concern, it is
sold when it
is operating
normally
6.5 skyrocket (v) /ˈskaɪˌrɒk.ɪt/ to rise Apple's stock has skyrocketed after
extremely they introduce their newest phone
quickly or
make
extremely
quick
progress
towards
success:
6.5 crash (v) /kræʃ/ If something All the shareholders are worrying
such as a because the company crashes
business
crashes, it
suddenly
fails or
becomes
unsuccessful
6.5 bear market(n) /ˈˌbe(ə)r a market in After covid19 pandemic, bear
ˈmärkət/ which prices market has happened in many
are falling, country
encouraging
selling.
6.5 bull market (n) /ˈbʊl ˌmɑː.kɪt/ a time when Vietnam is considered as a bull
the prices of market in the next 10 years
most shares
are rising