Answer Key

Vocabulary test

You have already visited this section on 2015-02-22 at 15:24.

Drag & drop: Fill in the missing expression. Use the following vocabulary:
  • fake
  • bribe
  • margin
  • authorization
  • interest
  • service
  • loophole
  • owe
  • tax evasion
  • transfer
  1.  [Loophole] describes poorly written laws that allow clever and technically legal tax evasion.
  2. It is possible to  [owe] someone money if they have lent it to you, or a favor if they have given you some help when you needed it.
  3.  [Tax evasion] is the illegal process of avoiding paying money you owe to the government based on earned income.
  4.  [Transfer] can be a verb that means to move money between accounts, or to move things between two or more places (for example goods), or the noun for this action.
  5.  [Margin] describes the difference in levels between two things, such as rates or prices on a stock exchange.
  6.  [Interest] can be a noun for the percentage charged on loans, or a noun that talks about your level of care for or involvement with a person or thing.
  7.  [Fake] can be a noun for something that looks like an original, but is actually not, or can describe a person who is not sincere in their behaviour, feelings, etc.
  8. If you want to undertake a large project at work, you will likely need to receive [authorization] , or permission, from your director, and perhaps the finance department as well before starting.
  9.  [Service] can be a verb for the repayment of debt, or a noun that means work or another action performed in exchange for remuneration.
  10.  [Bribe] is a verb for illegal payments to persuade someone to do what you want, or the noun for this money.