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Government spending in Money Glossary for IELTS

10 Money terms

This glossary can help you prepare for the IELTS writing tasks related to the Government spending in Money.


borrowing:

noun

A word or idea taken from another language, person, or source and used in one's own language or work.

Example: Interest on borrowing and spending on welfare lay in between.

breakdown:

noun

A failure of a relationship or system.

Example: The charts show the percentage breakdown of government spending across nine categories in 2010.

defence:

noun

Resistance against danger, attack, or harm; protection. A person or thing that provides such resistance.

Example: The four largest areas of government expenditure were: education, healthcare, pensions, and defence, with education.

expenditure:

noun

The action of spending funds.

Example: There were significant changes in expenditure.

fund:

verb

Provide with money for a particular purpose.

Example: The charts indicate that the government has had to cut expenditure in most areas in order to fund the cost of borrowing and welfare.

government spending:

noun phrase

Government spending or expenditure includes all government consumption, investment, and transfer payments.

Example: The charts show the percentage breakdown of government spending across nine categories in 2010.

interestingly:

adverb

In an interesting manner.

Example: Interestingly, between 2010 and 2015, spending on all four of the largest areas had dropped.

markedly:

adverb

To an extent which is clearly noticeable; significantly.

Example: On the other hand, spending on welfare and interest on government borrowing rose markedly.

share:

noun

A part or portion of a larger amount which is divided among a number of people, or to which a number of people contribute.

Example: The four largest areas of government expenditure were: education, healthcare, pensions, and defence, with education taking the largest share.

welfare:

noun

Statutory procedure or social effort designed to promote the basic physical and material well-being of people in need.

Example: The charts indicate that the government has had to cut expenditure in most areas in order to fund the cost of borrowing and welfare.

borrowing:

noun

A word or idea taken from another language, person, or source and used in one's own language or work.

Example: Interest on borrowing and spending on welfare lay in between.

breakdown:

noun

A failure of a relationship or system.

Example: The charts show the percentage breakdown of government spending across nine categories in 2010.

defence:

noun

Resistance against danger, attack, or harm; protection. A person or thing that provides such resistance.

Example: The four largest areas of government expenditure were: education, healthcare, pensions, and defence, with education.

expenditure:

noun

The action of spending funds.

Example: There were significant changes in expenditure.

fund:

verb

Provide with money for a particular purpose.

Example: The charts indicate that the government has had to cut expenditure in most areas in order to fund the cost of borrowing and welfare.

government spending:

noun phrase

Government spending or expenditure includes all government consumption, investment, and transfer payments.

Example: The charts show the percentage breakdown of government spending across nine categories in 2010.

interestingly:

adverb

In an interesting manner.

Example: Interestingly, between 2010 and 2015, spending on all four of the largest areas had dropped.

markedly:

adverb

To an extent which is clearly noticeable; significantly.

Example: On the other hand, spending on welfare and interest on government borrowing rose markedly.

share:

noun

A part or portion of a larger amount which is divided among a number of people, or to which a number of people contribute.

Example: The four largest areas of government expenditure were: education, healthcare, pensions, and defence, with education taking the largest share.

welfare:

noun

Statutory procedure or social effort designed to promote the basic physical and material well-being of people in need.

Example: The charts indicate that the government has had to cut expenditure in most areas in order to fund the cost of borrowing and welfare.

borrowing:

noun

A word or idea taken from another language, person, or source and used in one's own language or work.

Example: Interest on borrowing and spending on welfare lay in between.

breakdown:

noun

A failure of a relationship or system.

Example: The charts show the percentage breakdown of government spending across nine categories in 2010.

defence:

noun

Resistance against danger, attack, or harm; protection. A person or thing that provides such resistance.

Example: The four largest areas of government expenditure were: education, healthcare, pensions, and defence, with education.

expenditure:

noun

The action of spending funds.

Example: There were significant changes in expenditure.

fund:

verb

Provide with money for a particular purpose.

Example: The charts indicate that the government has had to cut expenditure in most areas in order to fund the cost of borrowing and welfare.

government spending:

noun phrase

Government spending or expenditure includes all government consumption, investment, and transfer payments.

Example: The charts show the percentage breakdown of government spending across nine categories in 2010.

interestingly:

adverb

In an interesting manner.

Example: Interestingly, between 2010 and 2015, spending on all four of the largest areas had dropped.

markedly:

adverb

To an extent which is clearly noticeable; significantly.

Example: On the other hand, spending on welfare and interest on government borrowing rose markedly.

share:

noun

A part or portion of a larger amount which is divided among a number of people, or to which a number of people contribute.

Example: The four largest areas of government expenditure were: education, healthcare, pensions, and defence, with education taking the largest share.

welfare:

noun

Statutory procedure or social effort designed to promote the basic physical and material well-being of people in need.

Example: The charts indicate that the government has had to cut expenditure in most areas in order to fund the cost of borrowing and welfare.

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