1. Carry out: To perform or execute a financial transaction or activity.
Example: „We need to carry out a thorough audit of our financial statements before submitting the report.”
2. Settle up: To pay off a debt or balance.
Example: „Please settle up your outstanding credit card balance by the due date to avoid additional charges.”
3. Write off: To remove an asset or debt from a financial statement as a loss or non-recoverable.
Example: „The company had to write off a significant amount of bad debts due to customer defaults.”
4. Fill out: To complete or provide information on a form or document.
Example: „Please fill out this application form with your personal and financial details.”
5. Take out: To obtain a loan or insurance policy.
Example: „We plan to take out a business loan to fund our expansion project.”
6. Pay off: To fully repay a debt or loan.
Example: „They were able to pay off their mortgage early and become debt-free.”
7. Cash in: To convert an investment or asset into cash.
Example: „He decided to cash in his stocks and use the funds for a down payment on a house.”
8. Opt out: To choose not to participate in a financial or investment opportunity.
Example: „Employees have the option to opt out of the company’s pension plan if they prefer.”
9. Phase out: To gradually discontinue or reduce the availability of a product or service.
Example: „The bank has decided to phase out its outdated mobile banking app and introduce a new one.”
10. Put off: To delay or postpone a financial decision or activity.
Example: „The board meeting was put off until next week due to scheduling conflicts.”
11. Write down: To reduce the value of an asset or investment on a financial statement.
Example: „The company had to write down the value of its inventory due to obsolescence.”
12. Sell off: To sell assets or investments quickly, often in large quantities.
Example: „The company had to sell off some of its real estate holdings to improve its cash flow.”
13. Cash out: To convert an investment or asset into cash, often with the intention of exiting a position.
Example: „He decided to cash out his investment in the startup and pursue other opportunities.”
14. Run out of: To exhaust or deplete a resource, typically money or funds.
Example: „The business ran out of working capital and had to seek additional financing.”
15. Scale back: To reduce the size, scope, or magnitude of a financial project or initiative.
Example: „Due to budget constraints, the company had to scale back its marketing campaign.”
The lesson can be downloaded from here:
15 Useful Phrasal Verbs Commonly Used in the Financial And Banking Domain