David Recine

Magoosh Comics: Reviewing Financial Vocabulary

Business lectures and writings are common on the TOEFL. To say nothing of the fact that many TOEFL students hope to go to the U.S. to study business or economics.

Lucas did a great post on business vocabulary words. Check it out here. The words he covered were: class, invest, economic, and compensate. As someone who has been teaching business English for the last four years, I can tell you from experience that these are four very important keywords. You’ll need to use them often on business-focused TOEFL topics, and in any future business or econ classes you take.

To help you really remember these words, I will give a brief definition of each word. After my short definition, I will show you a comic strip about the word. These comics are designed to help you remember the definitions and understand how these words are used. Again, see Lucas’ original post for extended explanations of these words.

[UPDATE]:  If you want more comics like these, check out our 50 page TOEFL Comics eBook!

Economy: The financial situation in a society, nation, or profession


Practice for your TOEFL exam with Magoosh.



Invest: To spend money in a way that causes you to make more money over time



Class: a group of people who earn a similar amount of money and have the same standard of living



Compensation: Payment received in exchange for work, goods, services, or other efforts




  • David Recine

    David is a Test Prep Expert for Magoosh TOEFL and IELTS. Additionally, he’s helped students with TOEIC, PET, FCE, BULATS, Eiken, SAT, ACT, GRE, and GMAT. David has a BS from the University of Wisconsin-Eau Claire and an MA from the University of Wisconsin-River Falls. His work at Magoosh has been cited in many scholarly articles, his Master’s Thesis is featured on the Reading with Pictures website, and he’s presented at the WITESOL (link to PDF) and NAFSA conferences. David has taught K-12 ESL in South Korea as well as undergraduate English and MBA-level business English at American universities. He has also trained English teachers in America, Italy, and Peru. Come join David and the Magoosh team on Youtube, Facebook, and Instagram, or connect with him via LinkedIn!

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