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2. Translate the following words and expressions:

grave, gravely; to convert, convert something to/into something; commodity; real estate; to inflate; revenue; duty, duty on; to depreciate; value, face value; remedy; speculator; suspicious, suspicious of; to veto; to expire, expire in/on/at; to fail, fail in, fail to do something; to spring up; to redeem

3. Match the words in Column a with their definitions in Column b.

A

B

  1. grave

  1. money that a business or organization receives over a period of time, especially from selling goods or services

  1. to convert

  1. the amount of money that something is worth

  1. commodity

  1. to decrease in value or price

  1. real estate

  1. to increase in price or make something increase in price

  1. to inflate

  1. a tax you pay on something you buy

  1. revenue

  1. if this happens with an official document, it can no longer be legally used

  1. duty

  1. to not succeed in achieving something

  1. to depreciate

  1. to suddenly appear or start to exist

  1. face value

  1. looking or sounding quiet and serious, especially because something important or worrying has happened

  1. value

  1. to exchange a piece of paper representing an amount of money for that amount of money or for goods equal in cost to that amount of money

  1. remedy

  1. to deal with a problem or improve a bad situation

  1. speculator

  1. to change something into a different form of thing, or to change something so that it can be used for a different purpose or in a different way

  1. to veto

  1. a product that is bought and sold

  1. to expire

  1. the value or cost shown on the front of something such as a stamp or coin

  1. to fail

  1. property in the form of land or houses

  1. to spring up

  1. if someone in authority does this, they refuse to allow it to happen, especially something that other people or organizations have agreed

  1. to redeem

  1. someone who buys goods, property, shares in a company etc, hoping that they will make a large profit when they sell them

4. Match the words in Column a with the words in Column b to make up possible combinations.

A

B

  1. a New York property

  1. expire this summer

  1. to earn a substantial

  1. duty

  1. contracts

  1. commodities

  1. a fall in the value of

  1. prices

  1. agricultural

  1. a proposal

  1. to convert

  1. revenue

  1. customs

  1. deposits into cash

  1. to veto

  1. speculator

  1. to inflate

  1. real estate