Meaning: To make someone or something poor.

Part of speech: verb

Example: The war will impoverish the nation.

Category: Economics

Synonyms:

• deplete
• reduce

Antonyms:

• enrich
• improve

Meaning: The state of being poor or impoverished.

Part of speech: noun

Example: Impoverishment can lead to social issues.

Category: Economics

Synonyms:

• poverty
• deprivation

Antonyms:

• wealth
• prosperity

Meaning: Money received, especially on a regular basis.

Part of speech: noun

Example: Her income allows her to live comfortably.

Category: Economics › Finance

Synonyms:

• earnings
• revenue

Antonyms:

• expenses
• loss

Meaning: Financial assistance provided to individuals with low income.

Part of speech: noun

Example: She applied for income support to help with her living expenses.

Category: Economics › Social Welfare

Synonyms:

• financial aid
• welfare

Meaning: A tax levied on individual or corporate earnings.

Part of speech: noun

Example: Income tax rates vary depending on the country.

Category: Economics › Taxation

Synonyms:

• earnings tax
• tax on income

Meaning: Not worth considering; insignificant.

Part of speech: adjective

Example: The cost was considered inconsiderable in the overall budget.

Category: Economics › Finance

Synonyms:

• insignificant
• trivial

Antonyms:

• significant
• important

Meaning: a tax levied on goods and services rather than on income

Part of speech: noun

Example: Sales tax is an example of an indirect tax.

Category: Economics › Taxation

Synonyms:

• consumption tax
• sales tax

Meaning: the system of collecting taxes on goods and services

Part of speech: noun

Example: Indirect taxation can affect consumer prices.

Category: Economics › Taxation

Synonyms: indirect tax system

Meaning: An economic system based on industrial production.

Part of speech: noun

Example: Industrialism transformed societies in the 19th century.

Category: Economics

Synonyms:

• manufacturing economy
• industrial economy

Meaning: Having developed industries on a large scale.

Part of speech: adjective

Example: The industrialized nations have higher standards of living.

Category: Economics

Synonyms:

• developed
• modernized

Antonyms:

• developing
• underdeveloped

Meaning: The rate at which the general level of prices for goods and services rises.

Part of speech: noun

Example: Inflation can erode purchasing power.

Category: Economics

Synonyms:

• price rise
• increase

Antonyms: deflation

Meaning: Relating to or characterized by inflation.

Part of speech: adjective

Example: Inflationary pressures can affect the economy.

Category: Economics

Synonyms: price-increasing

Meaning: The movement of something into a place, especially liquid or money.

Part of speech: noun

Example: The inflow of tourists boosted the local economy.

Category: Economics

Synonyms:

• influx
• arrival

Antonyms: outflow

Meaning: An arrival or entry of large numbers of people or things.

Part of speech: noun

Example: The influx of refugees created challenges for the host country.

Category: Economics

Synonyms:

• inflow
• arrival

Antonyms: outflow

Meaning: The state of being unstable; lack of stability.

Part of speech: noun

Example: The instability of the economy worried investors.

Category: Economics

Synonyms:

• unsteadiness
• volatility

Antonyms:

• stability
• steadiness

Meaning: the total number of people available for work

Part of speech: noun

Example: The labour force in the country is growing.

Category: Economics

Synonyms: workforce

Meaning: the supply and demand for labor

Part of speech: noun

Example: The labour market is competitive for new graduates.

Category: Economics

Synonyms: job market

Meaning: Falling behind in progress or development.

Part of speech: adjective

Example: The lagging economy needs support.

Category: Economics

Synonyms: sluggish

Antonyms: advancing

Meaning: An economic philosophy of minimal government intervention.

Part of speech: noun

Example: The country adopted a laissez-faire approach to business.

Category: Economics › Economic Theories

Synonyms: free market

Meaning: Without land or property.

Part of speech: adjective

Example: The landless farmers struggled to survive.

Category: Economics

Synonyms: propertyless

Meaning: To stabilize after a period of increase or decrease.

Part of speech: verb

Example: The prices are expected to level off next month.

Category: Economics

Synonyms:

• stabilize
• even out

Antonyms:

• fluctuate
• rise

Meaning: The level of wealth, comfort, and material goods available to a person or community.

Part of speech: noun

Example: The living standard in the city has improved over the last decade.

Category: Economics

Synonyms: quality of life

Antonyms: poverty

Meaning: A wage that is high enough to maintain a normal standard of living.

Part of speech: noun

Example: Many activists are fighting for a living wage for all workers.

Category: Economics

Synonyms: fair wage

Antonyms: minimum wage

Meaning: Carrying a load; full.

Part of speech: adjective

Example: The loaded truck drove down the road.

Synonyms:

• full
• wealthy

Antonyms:

• empty
• poor

Meaning: The branch of economics that studies the economy as a whole.

Part of speech: noun

Example: Macroeconomics examines national income and employment.

Category: Economics

Synonyms: economics

Meaning: Lacking in quantity or quality; insufficient.

Part of speech: adjective

Example: His meagre salary made it hard to save.

Category: Economics › Income

Synonyms:

• scant
• insufficient

Antonyms:

• ample
• sufficient

Meaning: A means of earning a living or support.

Part of speech: noun

Example: His job became his meal ticket.

Category: Economics › Income

Synonyms: source of income

Meaning: An assessment to determine eligibility for financial assistance.

Part of speech: noun

Example: The government conducts a means test for welfare programs.

Category: Economics › Welfare

Synonyms: eligibility test

Meaning: Referring to programs that require a means test for eligibility.

Part of speech: adjective

Example: Means-tested benefits are available to low-income families.

Category: Economics › Welfare

Synonyms: income-based

Meaning: The lowest legal salary that can be paid to workers.

Part of speech: noun

Example: The minimum wage has increased in many countries.

Category: Economics

Synonyms:

• base pay
• lowest wage

Meaning: A place where coins are made or a type of herb used for flavoring.

Part of speech: noun

Example: The mint produces new coins every year.

Category: Economics

Synonyms:

• factory
• herb

Meaning: Recently made or produced, especially coins.

Part of speech: adjective

Example: The minted coins were shiny and new.

Category: Economics

Synonyms:

• new
• fresh

Meaning: An economic system combining private and public enterprise.

Part of speech: noun

Example: The country has a mixed economy with both state-owned and private businesses.

Category: Economics

Synonyms: hybrid economy

Meaning: An economic theory that focuses on the role of governments in controlling the amount of money in circulation.

Part of speech: noun

Example: Monetarism became popular in the late 20th century.

Category: Economics › Monetary Policy

Synonyms:

• economic theory
• monetary policy

Meaning: An economist who advocates for monetarism.

Part of speech: noun

Example: The monetarist argued for stricter control of money supply.

Category: Economics › Monetary Policy

Synonyms:

• economist
• financial expert

Meaning: Relating to money or currency.

Part of speech: adjective

Example: The country is facing a monetary crisis.

Category: Economics › Finance

Synonyms:

• financial
• economic

Meaning: A medium of exchange used to buy goods and services.

Part of speech: noun

Example: I need to save more money for my vacation.

Category: Economics › Finance

Synonyms:

• currency
• cash

Antonyms: debt

Meaning: A container used to hold coins or money.

Part of speech: noun

Example: He saved his allowance in a money box.

Category: Economics › Finance

Synonyms:

• piggy bank
• savings box

Meaning: The total amount of money available in an economy at a specific time.

Part of speech: noun

Example: The government regulates the money supply to control inflation.

Category: Economics › Monetary Policy

Synonyms:

• currency supply
• monetary base

Meaning: Having a lot of money; wealthy.

Part of speech: adjective

Example: They are a moneyed family living in a mansion.

Category: Economics › Finance

Synonyms:

• wealthy
• affluent

Antonyms: poor