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Summary End of Term Test II | Economic English II | KU Leuven | 2024/25

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This practical summary focuses purely on what you really need to know before the exam. The document summarizes the most important exercises in the course, including clear explanations and tables for grammar, fixed phrases and business vocabulary. No unnecessary ballast, but an immediately applicable overview that allows you to learn quickly and efficiently. Created by a Business Engineering student on a model track who only succeeds by studying with these own notes. Ideal for quickly turning theory into exam results!

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End of term test II
5. Banking (CN p31-33)
Vocabulary
To withdraw cash Contant geld afhalen
Preferential rate Voorkeurstarief
To transfer funds Geld overmaken
To cash in Geld innen
Standing order Doorlopende opdrachten
To settle a bill Facturen betalen
To lend Uitlenen
To pay rent Huur betalen
Bank account Bankrekening
Transaction history Transactieoverzicht
Bank statements Bankafschriften
To overdraw In het rood gaan
Current account Lopende rekening
To deposit money into Geld opstorten
Branch office Vestiging
Account charges Rekeningkosten
To borrow Lenen
To conduct a transaction Transacties uitvoeren
To complete a form Formulier invullen
Credit card Kredietkaart
Direct debit Automatische incasso
Savings account Spaarrekening
Debit card Debet kaart
Foreign currency Vreemde valuta
Luxury goods Luxegoederen
Financial distress Financiële problemen
Credit rating Kredietwaardigheid
Creditors Schuldeisers
Pay off Afbetalen
File for bankruptcy Faillissement aanvragen
Equity Eigen vermogen
Becoming/ going bankrupt Failliet gaan
To cash a cheque Een cheque innen
A cash dispenser/ an ATM Een bankautomaat
Interest rate Interestvoet

Collocations with cost, income or budget
COST INCOME BUDGET
Cost-cutting Low-income families Stay within my budget
The cost of living Supplement your income An annual budget
Covers the cost




6. Finance (CN p34-35)
Vocabulary

, Constraints Things which limit your freedom of action Beperkingen
Unauthorised Without official permission Ongeoorloofd
Upfront In advance Vooraf
To assess To judge the quality of something Beoordelen
Overdue Late Te laat
Sound Involving the issue of good judgement and Degelijk
therefore likely to be effective
A lack of The fact that there is not enough of Een gebrek aan iets
something something
Root causes Reasons for something bad Onderliggende
oorzaken
Forecasts Predictions fort he future, based on Prognoses
information you have now

Late payment Te late betaling
To do (repeat) business Om (herhaal) zakendoen
An overdraft Een rekening-courantkrediet
Cashflow Cashflow
A supplier Een leverancier
Credit worthiness Kredietwaardigheid
Credit limits Kredietlimieten
To send out invoices Facturen versturen
A debtor Een debiteur
Cost-effective Rendabel
Financial management Financieel beheer
To run out of cash/money Zonder geld zitten

7. Boom and bust & corporate responsibility (CN p36)
Carbon dioxide Koolstofdioxide
Greenhouse gases Broeikasgassen
Climate change Klimaatverandering
Global warming Opwarming van de aarde
Fossil fuels Fossiele brandstoffen
Carbon footprint Koolstof voetafdruk
Renewables/ renewable energy sources Hernieuwebare energiebronnen

8. The global economy & intercultural issues
Ensure Zorgen voor
Exacerbating Verergering van
Scale up Schaalvergroting
To be exempted from Vrijstelling van
Protectionist Protectionisme
To take advantage of Profiteren van iemand
Developing countries Ontwikkelingslanden
The fashion industry The modeindustrie
To exploit Uitbuiten
Unprecedented Ongekend
Inequality Ongelijkheid
(to be) incompatible with Onverenigbaar met
Business integrity Zakelijke integriteit
Backlash Tegenreactie
Policymakers Beleidsmakers

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October 6, 2026
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