downturn – n. a situation in which something (such as business or economic activity) decreases or becomes worse — usually singular

outsider – n. a person who does not belong to or is not accepted as part of a particular group or organization

mortgage – n. a legal agreement in which a person borrows money to buy property (such as a house) and pays back the money over a period of years

security – n. a document showing that someone owns or has invested in a company, organization, etc.

objective – adj. based on facts rather than feelings or opinions

ethical – adj. following accepted rules of behavior : morally right and good

impending – adj. happening or likely to happen soon

fraud – n. the crime of using dishonest methods to take something valuable from another person

greed – n. a selfish desire to have more of something (especially money)

rivet – v. to attract and hold all of someone's attention

hedge fund – noun phrase a group of investors who take financial risks together in order to try to earn a lot of money

outrage – n. extreme anger : a strong feeling of unhappiness because of something bad, hurtful, or morally wrong

gamble – v. to play a game in which you can win or lose money or possessions : to bet money or other valuable things

debacle – n. a great disaster or complete failure

bailout – n. the act of saving or rescuing something (such as a business) from money problems

bonus – n. an extra amount of money that is given to an employee

tackle – v.  to deal with (something difficult)


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