Answer Key
Retirement – New Vocabulary Practice
You have already passed this section on 2015-03-02 at 6:09.
Fill in the missing words. Choose one of the words below. Sometimes you need to put them in the right form.
- BROKE
 - ODDS
 - STEEPLY
 - OFFSET
 - PREMIUM
 - WINDFALL
 - SPOUSE
 - DEDUCT
 - BREADWINNER
 - LAPSE
 
- I'm not sure if we can [deduct] the fee from our taxes. We'd better consult a tax advisor.
 - A life insurance [lapse] can occur when you fail to pay your premium on the policy.
 - The amount paid for an insurance policy is a [premium] .
 - In this chart, we [broke] out all the costs so that we could analyze what we have to cut back in the next quarter.
 - There was an unexpected [windfall] of one million pounds more in license fee income than planned.
 - The costs of living in this city are rising [steeply] .
 - A client can change the loan contract only upon the written consent of his or her [spouse] .
 - The [odds] of the two events occuring at the same time are more than one million to one.
 - If a [breadwinner] dies without life insurance, his dependants will face real problems.
 - In the long-term viewpoint, this contract is advantageous for us. It will [offset] our possible future losses.