Money, finance and economy

What holds these lists together

The business pages of a Spanish newspaper, the papers from a bank, the tax return and the annual accounts belong together because they ask the same question: where does a figure come from, and who is entitled to it? Several words there carry more than they seem to. Un billón is a million million, not a thousand million; what English calls a billion is mil millones, and a misread headline is out by a factor of a thousand. La renta is income, so la declaración de la renta is the tax return and has nothing to do with rent. And la facturación is usually a firm’s turnover, not its invoicing.

For example: la economía (the economy), el ahorro mensual (the monthly saving), el contrato de seguro (the contract of insurance), la contabilidad (the keeping of the books), la fiscalidad (the tax system), la entidad financiera (the credit institution)

Spread across the levels

The category runs across the levels — it is an area, not a difficulty. If you practise it, you can also choose a level at the top of the practice page and then get only the part that sits there.