Financial Phrasal Verbs

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• Bring In:

  • Meaning: To generate income or revenue.

  • Example Sentence: "The new marketing strategy is expected to bring in more customers and, consequently, higher profits."

• Cash In:

  • Meaning: To convert an asset into cash.

  • Example Sentence: "Investors decided to cash in their stocks as the market reached record highs."

• Draw Up:

  • Meaning: To create or formulate a plan, contract, or document.

  • Example Sentence: "The finance team will draw up a budget for the upcoming fiscal year."

• Face Up To:

  • Meaning: To acknowledge and deal with a difficult or unpleasant situation.

  • Example Sentence: "It's time for the company to face up to its financial challenges and implement necessary changes."

• Go Under:

  • Meaning: To fail financially or go bankrupt.

  • Example Sentence: "Several small businesses went under during the economic recession."

• Hold On To:

  • Meaning: To retain or keep possession of something.

  • Example Sentence: "Investors are advised to hold on to quality stocks even during market fluctuations."

• Knock Down:

  • Meaning: To reduce the price or value of something.

  • Example Sentence: "The seller agreed to knock down the price of the property to close the deal."

• Lay Off:

  • Meaning: To terminate employees as a cost-cutting measure.

  • Example Sentence: "The company had to lay off workers due to a decline in profits."

• Pay Off:

  • Meaning: To repay a debt or achieve a positive result.

  • Example Sentence: "Investing in education can pay off in the form of increased job opportunities and higher earning potential."

• Rack Up:

  • Meaning: To accumulate or amass a large amount of something.

  • Example Sentence: "The company managed to rack up impressive sales figures in the first quarter."

• Set Aside:

  • Meaning: To reserve or allocate a specific amount for a particular purpose.

  • Example Sentence: "It's wise to set aside some savings for unexpected expenses or emergencies."

• Take Over:

  • Meaning: To acquire control or ownership of a company.

  • Example Sentence: "The larger corporation decided to take over the struggling startup to expand its market presence."

• Undercut:

  • Meaning: To sell goods or services at a lower price than a competitor.

  • Example Sentence: "The new entrant undercut competitors' prices, attracting budget-conscious consumers."

• Write Off:

  • Meaning: To declare a financial loss or remove an asset from the accounting books.

  • Example Sentence: "The company had to write off bad debts, impacting its overall financial performance."