Unit 8
Vocabulary

 

The definitions and parts of speech below indicate how the words in this unit are used. The words below are listed alphabetically by Lesson Unit.

(For more definitions, click on  the dictionary site, then type in the word you want to know).



Vocabulary Word
Part of Speech

Definition

Unit 8 Introduction
micro-enterprise
noun
a small business venture established with the help of micro-credit programs established to help low-income persons develop businesses
Unit 8 reading passage
entrepreneurial
adjective
enterprising, as one who is ambitious and energetic enough to start
a business
guarantor
noun
a person who agrees to be responsible for making sure a certain action will happen
micro-financing
noun
refers to loans, savings, insurance, transfer services, microcredit loans and other financial products targeted at low-income clients
pay off
verb
receive an advantage or reward from something one has done