If you work in the economic-financial sector, knowing the English language is undoubtedly essential. In fact, this is the language of reference at an international level and it is essential to master the language to interact with potential customers as well as to interface with partners and competitors. Not only that: knowing financial English is also important to be able to keep constantly updated on the latest news in the sector , which are published in most cases in the international language.
It must also be said that enriching one’s financial English vocabulary is essential for all those who have to undergo an important job interview.. Nowadays all companies require a command of the language and it is not enough to have studied it at school: it is necessary to demonstrate that you know the specific financial terms, without which it would be impossible to communicate with customers and understand them. In short: there can be many reasons why you need to learn financial English but how to achieve satisfactory results in a short time
We explain it to you today, before drawing up a list of the English words that you absolutely must know to work in this sector. Learning Financial English: A course is worth taking
First of all, if your knowledge of the English language is limited to school education, you cannot consider it sufficient at a professional level, especially if you work in international contexts or you have to take an interview to work in the world of finance. Of course, if you have a good background, you certainly have an advantage because you should know how to formulate a grammatically correct sentence in English .
However, you must consider that this language includes idioms and constructs that are often very different from those we are used to. You should therefore find a native English speaker who specializes in the financial fieldand follow targeted lessons to learn the language and be able to master it, speaking it with confidence. For this reason, rather than enrolling in one of the classic English courses, we recommend that you look for private professionals willing to give you personalized lessons . Try going to the Preply site – you shouldn’t have any difficulty finding a native speaker who specializes in financial English. In fact, on this platform it is possible to choose your teacher, consult his curriculum and his rates and follow a personalized course based on your needs directly online. Improve your financial English
Once you have learned financial English by following targeted lessons, you should keep practicing so as not to risk forgetting everything in the short term. How
Fortunately today we have various tools available to train the language and among these we find for example podcasts . As for the business world in particular, we recommend How I Built This: the most famous entrepreneurs tell how they founded their company, naturally in English. By listening to these podcasts you will therefore be able to challenge yourself but also learn new terms specific to the financial sector and therefore very useful.
To improve your English and discover new words, you can also subscribe to some industry newsletters, in order to read interesting content in the original language every week. On the Substack platform you will find many independent writers who also deal with issues of politics, economics, finance and so on. All you have to do is subscribe to the newsletters of your interest to receive short articles in English in your mailbox to read to test your knowledge of the language but also to keep yourself updated on the business world. Financial English: the words you absolutely must know
At this point, let’s see what theEnglish words that you cannot afford to ignore if you intend to work in the financial sector . The words that you absolutely must know not only because they are essential if you intend to interface with a customer but also because you will hear them hundreds of times. We propose below a list, which we have extrapolated from the Preply blog and which you can then find directly on the official website of this platform. Memorize these words , because they are really indispensable . If you also want to know how to pronounce them correctly, on the official portal you will find all the useful information so as not to risk making a bad impression.
- Accounts payable – fatture passive
- Accounts receivable – active invoices
- Balance sheet – bilancio
- Business plan – business plan
- Cash – cash
- Currency market – money market
- Checking account – checking account
- Closing costs – closing costs
- Early payoff – prepayment
- Expenditure – expense
- Fee – commission
- Financial advisor – financial advisor
- Fixed assets – fixed assets
- Flow – flusso
- Insurance policy – insurance policy
- Income – revenue
- Inquire – to ask
- Intangible assets – intangible assets
- Interest rate – interest rate
- Invest – investire
- Liabilities
–
la
passivita - Limited liability company) – Srl (limited liability company)
- Mortgage – mutuo
- Personal loan – private loan
- Profit – profit
- Installments – rate
- Shareholder – shareholder
- Transfer – bank transfer
- Variable costs – variable costs
- Withdrawal – prelievo
