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Economic vocabulary

From Global economy growing but faces risks, English Addicts
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Full list of words from this list:

  1. debt
    the state of owing something, especially money
  2. owe
    be obliged to pay or repay
  3. liability
    the state of being legally obliged and responsible
  4. obligation
    the state of being bound to do or pay something
  5. debit
    an accounting entry acknowledging sums that are owing
  6. due
    scheduled to arrive
    He couldn't do the job, due to pain in his hands.
    If something is due to another thing, it is a result of that thing.
  7. duty
    the social force that obliges you to behave in a certain way
  8. commitment
    the act of binding yourself to a course of action
Created on Sat Jul 13 04:19:35 EDT 2013

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