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Economic and Financial Hungarian Vocabulary

Learning a new language opens up a myriad of opportunities, especially when it comes to understanding the economy and finances of a country like Hungary. Whether you’re a business professional, a student, or simply interested in the economic landscape, knowing the right vocabulary can help immensely. Below is a list of Hungarian economic and financial terms, complete with definitions and examples.

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Gazdaság
Gazdaság means economy. It’s the total of all production, consumption, and trade of goods and services in a country.
Magyarország gazdasága stabil növekedést mutat.
(In English: Hungary’s economy is showing stable growth.)

Pénzügy
Pénzügy refers to finances or financial affairs, often relating to the management of money by an individual, business, or government.
Az állami pénzügyek kezelése fontos feladat.
(In English: The management of public finances is an important task.)

Befektetés
Befektetés means investment, the act of allocating resources, usually money, with the expectation of generating an income or profit.
A befektetés hosszú távú megtérülést hozhat.
(In English: Investment can bring long-term returns.)

GDP (Bruttó Hazai Termék)
GDP stands for Gross Domestic Product, referred to as Bruttó Hazai Termék in Hungarian. It’s the total value of all goods and services produced over a specific time period within a country.
Magyarország GDP-je az utóbbi években emelkedett.
(In English: Hungary’s GDP has increased in recent years.)

Infláció
Infláció is the rate at which the general level of prices for goods and services is rising, subsequently eroding purchasing power.
Az infláció befolyásolja a fogyasztói vásárlóerőt.
(In English: Inflation affects the purchasing power of consumers.)

Kamatláb
Kamatláb refers to the interest rate, which is the amount charged by a lender to a borrower for the use of assets.
A jegybank kamatlábat emelt a legutóbbi ülésén.
(In English: The central bank raised interest rates at its last meeting.)

Államadósság
Államadósság means public debt or national debt, which is the total amount of money owed by a government to creditors.
Az államadósság mértéke aggodalomra ad okot az elemzők szerint.
(In English: The level of national debt is a cause for concern according to analysts.)

Pénznem
Pénznem refers to currency, the system of money in general use in a particular country.
Magyarország pénzneme a forint.
(In English: The currency of Hungary is the forint.)

Deficit
Deficit or költségvetési hiány means a shortfall or discrepancy, particularly in a budget when expenses exceed revenue.
Az ország költségvetési hiányt mutat az idén.
(In English: The country shows a budget deficit this year.)

Részvény
Részvény is a term for a stock or share representing ownership interest in a company.
Részvényeket vásároltam egy magyarországi társaságban.
(In English: I have bought stocks in a Hungarian company.)

Tőzsde
Tőzsde means stock market or exchange, a market where stocks and bonds are traded.
A tőzsde befolyásolja a gazdaság irányát.
(In English: The stock market influences the direction of the economy.)

Mérleg
Mérleg, in a financial context, translates as balance sheet, a statement of the assets, liabilities, and capital of a business at a particular point in time.
A cég mérlegét minden év végén elkészítik.
(In English: The company’s balance sheet is prepared at the end of every year.)

Bru-net-tó jöve-delem
Nettó jövedelem is net income, the amount of an individual’s or company’s earnings after taxes and other deductions.
A nettó jövedelem megmutatja, mennyi pénz marad a kötelezettségek teljesítése után.
(In English: Net income shows how much money is left after fulfilling obligations.)

By familiarizing yourself with these terms, you can gain a deeper insight into Hungarian business news, financial reports, and the economic situation of Hungary. Learning such specialized vocabulary not only enhances your language skills but also helps you to engage more confidently in discussions about commerce and finance in a Hungarian context.

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