octubre 26, 2008

vOcaBULAry//// gLOSARy UNIT 5

DEVELOPMENT
PROSPERITY OR PRESERVATION?
LOAN: A loan is a type of debt. This article focuses exclusively on monetary loans, although, in practice, any material object might be lent. Like all debt instruments, a loan entails the redistribution of financial assets over time, between the lender and the borrower.
RESERVE: Is the amount of something kept for future use. Is an amount of money for some profits.
WEALTH. Is an amount of money or possessions owned by an individual, organization or country.
FUEL: Is any material that is burned or altered in order to obtain energy. Fuel releases its energy either through a chemical reaction means, such as combustion, or nuclear means, such as nuclear fission or nuclear fusion.
AWARD: An award is something given to a person or a group of people to recognize excellence in a certain field; a certificate of excellent.

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