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Business English Exercises
 

Are You in Debt?

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Home > Teaching Business English > Business English Lessons, Advanced Level # 22
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Going on a spending spree with your credit card and no concern about how you pay back the money you borrow, is a growing habit these days.

Correct answer: (b) spree

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There is a popular demand for the system that allows credit companies to offer unlimited credit to young people to be overhauled.

Correct answer: (a) overhauled

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It has been disclosed by a government agency that the percentage of under 25 year olds owing large sums to companies is on the increase.

Correct answer: (d) disclosed

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One director of a major credit company has already been forced to step down because of the bad publicity his company has attracted.

Correct answer: (c) step down

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One solution that has been suggested to control credit is to step up the regulations to make it more difficult to get credit in the first place.

Correct answer: (b) step up

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The main problem is that a debt culture has developed recently believing that it is cool to owe large sums of money.

Correct answer: (d) culture

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Recent reports have revealed that being in debt is not now looked upon as a disgrace but rather as an attractive way of life.

Correct answer: (a) revealed

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In reality it's a very long haul to get from owing to paying off all your debts.

Correct answer: (c) haul

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There are frequently clashes in the family home between parents and children about whether you should enter into credit agreements.

Correct answer: (b) clashes

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What concerns people most are the mounting fears among governments that it will take at least a generation for us to be rid of excessive debt.

Correct answer: (c) fears

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Meaning of 'spending spree', To offer unlimited credit to young people to be overhauled, Why did we use the word disclosed in this particular sentence?

 

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