Economics

the value of what you lose when choosing between two or more options

an opportunity cost

to reduce the level of something

bring sth down

to deal with, have responsibility for, or be in charge of

handle (v)

poorer or in a more difficult situation

worse off (adj)

to have more money than you had in the past or more money that most other people

to be better off

people who have more money than most other

the better off

consequences of other people's activity; damage caused by a company's activities/something positive created by it for which doesn't receive payment; an external effect, often unforeseen or unintended, accompanying a process or activity (efekt uboczny)

externality

Gross Domestic Product: the total value of goods and services produced by a country in a year

GDP

money owed on a loan taken out to pay for educational expenses

student debt

to pay part of the cost of something

subsidize

to not do something that you were going to do, or to stop doing something before you have completely finished

drop out

a person or thing that has the same purpose as another one in a different place or organization

counterparts

a situation in which none of the competing parties has an advantage at the outset of a competitive activity; a state of equality; an equal opportunity

a level playing field

to make a surface flat; or to completely destroy a bulding

level (v)

in the US, a school that is paid for with public money but is organized by a private group for a special purpose and admits only students who meet its standards

charter schools

a plan in which each school-age child receives a publicly funded entitlement worth a fixed amount of money with which his or her parents can select a participating public or private school

voucher program/system

to make someone want to do something, such as to buy something or to do work, especially by offering prizes or rewards

incentivize

to start using a plan or system; to put a plan into action

implement

if something you have done is successful, it...

to pay off

a small amount of something good such as truth or honesty (odrobina, krztyna)

a modicum of sth

to stay level or equal with someone or something; to be able to understand or deal with something that is happening or changing very fast

to keep up with sb/sth

rich, wealthy, affluent

well-off (adj)

rich people

the well-off

having more money, a higher social position, etc. than someone else

advantaged

not having the standard of living conditions, education, etc. that most people have

disadvantaged

to make something officially acceptable or approved, especially after examining it

validate

if a letter or other document is signed by a notary public im order to make it official or legal, it is...

notarize

to make a movement, sound, flash, etc. that gives information or tells people what to do; or to show that you intend or are ready to do something

signal (v)

able to exist, live or work successfully with something or someone else; or able to be used with a particular type of computer, machine, device, etc.

compatible

in a way that is easy to see or recognize (wyraźnie, zauważalnie)

noticeably

the ___ value is the middle one in a set of values arranged in order of size

median

if you accuse someone of ___, you mean that they are expressing sorrow about a bad situation but are saying that they are unable to change it (załamywanie rąk)

hand-wringing

a charge for renting a room and the cost of meals (zakwaterowanie, wikt i opierunek)

room and board

the official price of something such as a car, given by the company that made it

sticker price

money for teaching or study given to a student studying for an advanced degree, or a position at a university paid for in this way (stypendium)

fellowship

used to describe an organization or service that exists to make a profit

for-profit

not intended to make a profit, but to make money for a social or political purpose or to provide a service that people need

non-profit/not-for-profit

a large building at a college or university where students live; or a large room containing many beds, for example in a boarding school

dorm; dormitory

producing or serving food that is very high quality; (of food) very high quality (wyśmienity, delikatesowy, smakosz)

gourmet

the income that a government or company receives regularly (przychód)

revenue

a lot of money

a whole bunch of money

to accumulate sth; to get or achieve a lot of something (nazbierać, uzbierać, uzyskać, np. punkty w grze)

rack up

to become or make someone become an official member of a course, college, or group

to enroll

money, for example from an income, that allows you to buy things (środki)

means

a feeling that you want to do a particular thing, or the fact that you prefer or are more likely to do a particular thing

inclination

the condition of being extremely dirty and unpleasant, often because of lack of money (brud, nędza, ubóstwo)

squalor

a situation in which there is great disparity in income withit a society

income inequality

something that you contribute or do to help produce or achieve something together with other people, or to help make something successful (wkład, udział)

contribution