Financial Management and Business Terms

Financial Management

• Lump sum: a single payment made at one time, instead of multiple smaller payments.

Idioms and Expressions

• Make ends meet: managing one's finances so that income is enough to cover expenses.
• Weigh options: considering different choices carefully before making a decision.
• Voice a concern: expressing worry or unease about something.

Automation and Technology

• Automation: using technology to perform tasks without human intervention.

Trials and Implementations

• Pilot: testing or trialing something on a small scale before full implementation.

Description and Characteristics

• Looming: something appearing to be large and threatening, often used to describe something approaching or impending.
• Idleness: the state of being inactive or not engaged in any activity.

Necessity and Requirements

• Necessity: something that is essential or required.
• Qualify: meeting the necessary requirements or criteria for something.

Contrasting Situations

• Despite/In spite of: used to indicate that something happens or is true even though there is something that might prevent it.

Change and Reduction

• Decline: becoming lower, fewer, or less; refusing an offer or request.

Assistance

• Aid: assistance, such as money or supplies, given to help someone.

Vocabulary

• Idleness refers to a state of being inactive or not engaged in any activity.
• Automation is the use of technology to perform tasks without human intervention.
• Necessity is something that is essential or required.
• To voice a concern means to express worry or unease about something.
• To qualify means to meet the necessary requirements or criteria for something.
• Despite or In spite of indicates that something happens or is true even though there is something that might prevent it.
• Decline can have two meanings: to become lower, fewer, or less, or to refuse an offer or request.