Learning to speak English? Our Everyday Conversations help you practice. Click the audio link to hear a native speaker pronounce each word while you read. Key terms are explained at the end. Today’s conversation is on making money.
This continues our Everyday Conversations about business.
Sanjay: Do you remember Sherri from high school?
Dan: The person who’s now a real estate mogul in Texas, right?
Sanjay: Exactly. Well, I just heard that she made a killing in the stock market recently.
Dan: She must be worth millions now!
Sanjay: Definitely. I heard that she made a very nice profit on her sale of some e-commerce stock.
Dan: Wow, I’m terrible at picking good stocks. I hope she’s doing something meaningful with her money.
Sanjay: I know that she donates a lot of money to different charities.
Dan: She was a really generous person in high school. I’m happy to hear that money hasn’t changed her.
Now let’s review the vocabulary
A mogul is an important person in business because of her/his power and/or money. Sometimes an adjective is used in front of the word “mogul” to describe the type of business in which the person works.
To make a killing means to have great financial success, to make a lot of money, often in a short period of time.
The stock market is the system and business of buying and selling stocks.
To be worth millions means to have the value of millions of dollars (or other currency).
A profit is money that is earned in business, investing, etc., after all the costs and expenses are paid. It is a financial gain.
E-commerce is the buying and selling of products and services over the Internet or anything related to this type of business.
Stock is part ownership of a company that people buy, sell and trade as a way to make a profit.
To donate means to give money, goods, services and/or time to help a person or an organization.
A charity is an organization that gives money, food or other help to people who are in need of those things.
Everyday Conversations are developed by the State Department’s Heidi Howland, a senior program officer in the Office of English Language Programs, Bureau of Educational and Cultural Affairs.