10 Money terms
This glossary can help you prepare for the IELTS writing tasks related to the Government spending in Money.
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.
A failure of a relationship or system.
Example: The charts show the percentage breakdown of government spending across nine categories in 2010.
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.
The action of spending funds.
Example: There were significant changes in expenditure.
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.
noun phrase
Government spending or expenditure includes all government consumption, investment, and transfer payments.
adverb
In an interesting manner.
Example: Interestingly, between 2010 and 2015, spending on all four of the largest areas had dropped.
To an extent which is clearly noticeable; significantly.
Example: On the other hand, spending on welfare and interest on government borrowing rose markedly.
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.
Statutory procedure or social effort designed to promote the basic physical and material well-being of people in need.