Top 10 English Idioms for Economics Professor
Top 10 English Idioms for Economics Professor 1. 'The Bottom Line' When we talk about 'the bottom line' in economics, we're referring to the ultimate result or the final outcome. It's often used to summarize the financial implications of a decision or a situation. For example, 'The bottom line is, if we don't invest in research and development, our company's growth will be stagnant.' 2. 'In the Red' If a company or an individual is 'in the red,' it means they're operating at a financial loss. This phrase is derived from the traditional accounting practice of using red ink to indicate negative numbers. For instance, 'The company has been in the red for the past three quarters, and immediate measures need to be taken to turn it around.' 3. 'Blue-Chip' When we refer to a 'blue-chip' company or investment, we're talking about something that's considered safe, reliable, and of high quality. This term originated from the highest-value poker chip, which is traditionally blue. For example, 'Investing in blue-chip stocks is often seen as a long-term strategy for steady returns.' 4. 'Penny Pincher' A 'penny pincher' is someone who's extremely frugal or thrifty, always trying to save even the smallest amount of money. It's often used to describe individuals who are cautious with their spending. For instance, 'Even though he earns a six-figure salary, he's known to be a penny pincher.' 5. 'Golden Handshake'