Learning a new language often involves getting acquainted with terms that are crucial for daily conversations and comprehending the news or business-related discussions. In this article, we’ll explore some fundamental financial and economic terms in Estonian, their definitions, and practical example sentences.
Majandus – Economy
This term refers to the system of production, distribution, and consumption of goods and services in a particular area or country.
Eesti majandus on viimastel aastatel jõudsalt kasvanud.
(Estonia’s economy has grown rapidly in recent years.)
Raha – Money
This is a medium of exchange in the form of coins and banknotes; the basic unit of money in Estonia is the “euro.”
Kas sul on piisavalt raha, et osta uus arvuti?
(Do you have enough money to buy a new computer?)
Pank – Bank
A financial institution licensed to receive deposits and make loans. Banks may also provide financial services such as currency exchange and safe deposit boxes.
Ma käin pangas, et avada uus hoiukonto.
(I’m going to the bank to open a new savings account.)
Investeering – Investment
The action or process of investing money for profit or material result.
Tema investeering aktsiaturul tõi suurt tulu.
(His investment in the stock market yielded a high return.)
Majanduskasv – Economic Growth
An increase in the amount of goods and services produced per head of the population over a period of time.
Möödunud kvartal näitas stabiilset majanduskasvu.
(The last quarter showed steady economic growth.)
Turg – Market
Any structure that allows buyers and sellers to exchange any type of goods, services, and information.
Turu-uuringud näitavad tarbijate eelistuste muutust.
(Market research shows a change in consumer preferences.)
Inflatsioon – Inflation
The rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling.
Inflatsioon on viimase aasta jooksul oluliselt tõusnud.
(Inflation has risen significantly over the past year.)
Võlg – Debt
Something, typically money, that is owed or due.
Riik võtab võlgu, et rahastada suuri infrastruktuuri projekte.
(The state is going into debt to finance large infrastructure projects.)
Kapital – Capital
Wealth in the form of money or other assets owned by a person or organization or available for a purpose such as starting a company or investing.
Ettevõte suurendab oma kapitali, et laiendada tootmist.
(The company is increasing its capital to expand production.)
Aktsia – Stock
The capital raised by a corporation through the issue of shares entitling holders to an ownership interest (equity).
Ta otsustas osta aktsiaid kiiresti kasvavast ettevõttest.
(He decided to buy stocks in a rapidly growing company.)
Understanding these financial and economic terms can provide a deeper insight into Estonian news, help in business-related conversations, and aid travelers or expats in managing their finances while living in Estonia. It’s crucial to grasp the context in which these words are used, and practice is key in achieving fluency. Regularly reading Estonian newspapers, watching financial news, or engaging in discussions with native speakers can greatly improve command of these terms.
