Phrasal Verbs Questions Medium
Some phrasal verbs related to finance and banking include:
1. Pay off: To repay a debt or loan.
Example: He finally paid off his student loans after years of hard work.
2. Settle up: To pay a bill or debt in full.
Example: We need to settle up with the landlord before moving out.
3. Write off: To cancel or forgive a debt as uncollectible.
Example: The bank decided to write off the bad loans to improve their financial position.
4. Take out: To borrow money from a bank or financial institution.
Example: They took out a mortgage to buy their dream house.
5. Put aside: To save or reserve money for a specific purpose.
Example: It's important to put aside some money for emergencies.
6. Cash in: To convert an investment or asset into cash.
Example: He decided to cash in his stocks and invest in real estate.
7. Break even: To reach a point where income equals expenses, resulting in no profit or loss.
Example: The business is struggling to break even due to high operating costs.
8. Run out of: To exhaust or deplete a resource, such as money.
Example: We ran out of cash while on vacation and had to borrow from a friend.
9. Cut back: To reduce expenses or spending.
Example: They had to cut back on their monthly expenses to save for their child's education.
10. Put in: To invest money or effort into something.
Example: They put in a significant amount of money into the startup company.