Business & Finance Words and their meaning with example sentences.

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We have also added example sentences, examples of incorrect sentences, and an example paragraph or passage to make the meaning of these words easy to understand. You can use these to generally improve your English or for specific English language tests such as SAT, IELTS, O/A Levels English.

  • Accreditation
  • Remuneration
  • Arbitration
  • Grubstake  
  • Solatium 
  • Flimflam
  • Amortize
  • Oligopoly
  • Debenture
  • Parsimonious

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Accreditation

Meaning

Granting credit or recognition

Synonym

  • Approval
  • Authorization
  • Affirmation

Antonym

  • Disapproval
  • Denial
  • Prohibition

Sentence

  • You cannot afford to lose your accreditation.
  • The school got high enrollments after receiving a national accreditation.

Paragraph

I am looking for a professional from a reputable child care organization. If a childcare center seeks accreditation on a voluntary basis, it shows sincerity and commitment to excellence.

Wrong Sentence

  • The hacker was accredited with a fine. (punished)
  • The accreditation of employees increases the turnover rate in a company. (discouragement)

Remuneration

Meaning: money paid for work or service

Synonym

  • Salary
  • Wage
  • Stipend

Antonym

  • Penalty
  • Nonpayment
  • underpayment

Sentence

  • Overseas posts are often associated with compelling remuneration packages
  • Teachers are not getting enough remuneration for all the hard work they do on a daily basis.

Paragraph

People in poor economies often have to travel to distant shores to seek high remuneration. The pain of leaving one’s family is immense, but this sacrifice is essential for the sustenance of their families.

Wrong Sentence

  • Allen was remunerated with a trophy because of his outstanding performance. (awarded)
  • He lost all his lottery remuneration in gambling.(money)

Arbitration

Meaning

The process in which two parties in dispute allows a third party to settle the dispute.

Synonym

  • Negotiation
  • Mediation
  • Adjustment

Antonym

  • Antagonism
  • Agitation
  • Provocation

Sentence

  • The two rival companies should go for arbitration to settle their dispute.
  • A businessman should develop an arbitration skill to ensure a safe working environment.

Paragraph

I have no experience in dealing with financial matters. So I refused when he asked me for the arbitration of an accounting case. However, I have referred him to Mr. Clark as he is really good at settling financial disputes.

Wrong Sentence

  • Dairy products may arbitrate allergic reactions in some people. (provoke)
  • This decision may arbitrate a serious backlash from supporters. (cause)  

Grubstake  

Meaning

A financial or other kind of help provided to a new business in return for some shares in the profit.

Synonym

  • Subsidize
  • Fund
  • Finance

Antonym

  • Take
  • Defund
  • Debt

Sentence

  • Luckily, he got a grubstake to open his clothing store.
  • God please help me with my responsibilities to those who have grubstaked me.

Paragraph

My husband and I have worked hard and made our restaurant business a success. Most importantly, I am grateful to my father who has given us a grubstake to start this business.

Wrong Sentence

  • Thieves tried to grubstake me but I ran away.(attack)
  • My relatives grubstaked everything from me after my father’s death. (took)

Solatium 

Meaning

A compensation given for inconvenience, injury or loss.

Synonym

  • Compensation
  • Indemnity
  • allowances

Antonym

  • Penalty
  • Punishment
  • Aversion

Sentence

  • Customer who was served the wrong dish was given one free dish as a solatium.
  • He tried to give solatium to the person who lost his legs in the accident.

Paragraph

My dog came back home on his own last night. However, I still offered solatium to my neighbors who had helped me search for him. 

Wrong Sentence

  • Sarah should be given a solatium because of her outstanding performance this month. (bonus, reward)
  • You will face a solatium if you fail again . (penalty)

Flimflam

Meaning

Deception, fraud, clever persuasion or manipulation

Synonym

  • Cheat 
  • Con
  • Fool

Antonym

  • Honesty
  • Loyalty
  • Uprightness

Sentence

  • Recognizing flimflam is essential to protect your business from financial losses.
  • I tried hard to flimflam the accounts information out of him but I failed.

Paragraph

His impulsive behavior has let him fall victim to flimflam games several times. I assume he is not capable of handling this company’s finances.

Wrong Sentence

  • Every line of this article flimflams students to work hard. (encourage)
  • Businesses should practice flimflam in their processes. (honesty)

Amortize

Meaning

To return borrowed money in installments, periodically reducing the cost of an asset.

To return borrowed money in installments, gradually reducing the cost of an asset over a period

Synonym

  • Decrease
  • Reduce
  • Pay off

Antonym

  • Growth
  • Increase
  • Accretion

Sentence

  • Company amortized its debt over a period of 12 years, at 8 percent interest.
  • I have plans to amortize the cost of the car over 2 years.

Paragraph

I am not able to pay at once, so I will ask the debtor to amortize the loan in small monthly payments. I hope he understands my financial issues and pays attention to my request.

Wrong Sentence

  • I am looking for an investor to amortize in my business. (invest)
  • I will amortize my clothes to poor people. (donate)

Oligopoly

Meaning

Few countries or companies controlling all goods and services.

Synonym

  • Control
  • Domination
  • Ownership

Antonym

  • Sharing
  • Joint-ownership
  • Distribution

Sentence

  • Two major companies bought all the houses in my area reflecting a real-estate oligopoly.
  • This article talks about the oligopoly in the petrol market.

Paragraph

The history has witnessed oligopolies in many different industries, such as railroads, grocery store chains, steel manufacturing, and wireless carriers. As of now, various prominent airlines and pharmaceutical companies operate in an oligopoly.

Wrong Sentence

  • The Internet has an oligopoly network of cables. (distributed)
  • He is the only bread oligopoly of his family. (earner)

Debenture

Meaning

A document verifying an ownership of money, used for large corporations.

Synonym

  • Moneylending
  • Loan agreement
  • Debt

Antonym

  • Repulsion
  • Disagreement
  • Disconnection

Sentence

  • You look happy signing a debenture but you would have to pay it back with interest.
  • This debenture is the only hope for my financially struggling business.

Paragraph

The debenture of Texaco has become the headline of all news channels in the country. It is hard to admit that such a successful company lending institutions. 

Wrong Sentence

  • This debenture contains a list of all enrolled students. (document)
  • I would not show my debenture to anyone as I failed in two subjects. (result card)

Parsimonious

Meaning

Being careful with money or resources

Synonym

  • Frugal
  • Sparing
  • stingy

Antonym

  • Generous
  • Extravagant
  • lavish

Sentence

  • My parsimonious mother always buys second-hand items to save money.
  • I should embrace a parsimonious attitude as I have a huge debt to pay.

Paragraph

Adam has inherited millions of dollars from his father. I wonder why he refuses to give to charity? Maybe he inherited the parsimonious traits of his father as well.

Wrong Sentence

  • My parsimonious employer frequently give incentives to his employees (generous)
  • A parsimonious politician throws a party every day. (spendthrift, extravagant)

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