F2F Class Notes (Phil)
Today we focused on:
finance and crime
Vocabulary
corruption
a bribe, to bribe
tax evasion – crime to not pay tax
gamble – in casino, card games
disposable income – money you have to spend after expenses (bills, food, transport)
% high interest savings account –
money laundering – a crime involving moving money
mortgage – bank loan to buy a house/apartment
housing shortage – not enough housing
Speaking exercise
do investment – invest
decrease its value – lose its value
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