VIP Class Notes (Phil)

Today we focused on:

talked about energy and stock market.

Vocabulary

volatile – change quickly used about person or situation.

Trump is volatile.

Stable – opposite of the volatile

the Chinese stock market is less volatile than the Nasdaq.

Oil reserves – amount of oil in a country

Alternative energy– a type of energy that is usually more environmentally friendly . electrical cars, wind energy,

Coal- a material found underground

Nuclear energy – 

Japan has a lot of nuclear energy plants.

contaminated – damaged from pollution or material very seriously.

after the nuclear accident in japan the area around the plant was contaminated.

leak – liquid coming out of a place like a pipe , bottle.

the pipes leaked in my apartment so i needed it repaired.

Leasehold – a period of time a property is owned for

Inherit, Inheritance – money or property you can get from someone when they die.

He inherited a luxury apartment from his parents.

Tax relief – a way of paying lower tax rates from government policy.

The Chinese government gives tax relief to Tesla.

mortgage – loan from the bank to buy a property.

I feel overwhelming stress paying my monthly mortgage installment.

Homework

make sentences using new vocabulary from today.