1 I did a lot of **overtime** last month because I need to save some money for my holiday. 2 The company is in danger of going **bankrupt**. It can’t pay its debts, and sales are falling. 3 Our department has a **freeze** on recruitment. We can’t recruit any new staff until next year. 4 If the situation doesn’t improve soon, we may have to sell some **assets** – some shares or even some property. 5 This looks like an exciting **investment**. We could make about 30% profit on our money within two years. 6 Families should plan their finances like companies. They should calculate their **overheads**, like rent or mortgage, energy bills, etc. 7 Families should also produce a **forecast** of the income they expect to receive over the coming months or year. 8 Let’s keep part of this money as **reserves**. We might need extra money for building maintenance next year. 1. "Overtime" refers to working extra hours beyond the regular working time, usually to earn extra money. 2. "Bankrupt" describes a situation where a person or organization is unable to pay its debts and likely to go out of business. 3. "Freeze" in this context means to temporarily halt or suspend something, in this case, the recruitment process. 4. "Assets" are resources owned by a company or individual that have value and can be sold to generate income. 5. "Investment" is putting money into something with the expectation of earning a profit or return on that money. 6. "Overheads" are regular and necessary expenses incurred by a business or organization in the course of its operations. 7. "Forecast" is a prediction or estimation of future events, such as income or expenses expected in the upcoming period. 8. "Reserves" refer to funds set aside for future use or emergencies, ensuring financial stability and covering unexpected expenses.