Saturday, 27 December 2008

California cash crisis

Budget PhoneticPhoneticPhoneticPhoneticPhoneticPhoneticPhoneticPhoneticPhoneticPhonetic
(FINANCIAL PLAN)
a plan to show how much money a person or organization will earn and how much they will need or be able to spend
ngân sách
The firm has drawn up a budget for the coming financial year.
Libraries are finding it increasingly difficult to remain within (their) budget.

DeficitPhoneticPhoneticPhoneticPhoneticPhoneticPhoneticPhoneticPhoneticPhoneticPhoneticPhoneticPhonetic
(n)
the total amount by which money spent is more than money received
tiền thiếu hụt (chi>thu)
The country is running a balance-of-payments/budget/trade deficit of $250 million.
The UK's deficit in manufactured goods fell slightly in the last three months.

Loom PhoneticPhoneticPhoneticPhoneticPhoneticPhonetic
(v)
If an unwanted or unpleasant event looms, it seems likely to happen soon and causes worry
lờ mờ hiện ra
Her exams are looming.
Here, too, the threat of unemployment has been looming on the horizon.
The threat of closure looms over the workforce.

Looming
PhoneticPhoneticPhoneticPhoneticPhoneticPhoneticPhoneticPhoneticPhoneticPhonetic
(a)
(of something unwanted or unpleasant) happening soon and causing worry
lo sợ
the looming crisis

Fiscal PhoneticPhoneticPhoneticPhoneticPhoneticPhoneticPhoneticPhoneticPhoneticPhonetic
(a)
connected with (public) money
thuộc công khố ( tài chính nhà nc)
fiscal policy

Revenue PhoneticPhoneticPhoneticPhoneticPhoneticPhoneticPhoneticPhoneticPhoneticPhoneticPhoneticPhoneticPhonetic Phonetic PhoneticPhoneticPhoneticPhoneticPhoneticPhoneticPhoneticPhonetic
(n)
the income that a government or company receives regularly
thu nhập quốc dân
Taxes provide most of the government's revenue.
Government revenues fell dramatically.

Slump PhoneticPhoneticPhoneticPhoneticPhoneticPhoneticPhonetic
(v)
a fall in the price, value, sales, etc. of something
hạ giá
The value of property has slumped.
Car sales have slumped dramatically over the past year.

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