english idioms about economy

Common English Idioms Part 1- Lesson 10: English Idioms About Economy

This is lesson 10 from Idiom Part 1. Each idiom is followed by its definition and examples. After you learn them, you can use them in your daily conversation.

 

Previous English Idiom Lesson

In our previous English idiom lesson, we cover below:

Competition Idioms and Phrases

 

English Phrases Used for Economy

1- A lot of turbulence= a lot of change and variation in price and market

There is a lot of turbulence in financial markets at present.

 

2- Soft landing= when economy is able to bring inflation down

Despite the present difficulties, economists think the British economy will make a soft landing in the autumn.

 

3-  Free-fall= uncontrollable fall in the value of sth

Reports show a free-fall in housing prices.

 

4- On schedule= at the planned and expected time

All three projects were completed on schedule and within budget.

 

5- Going through the roof= increase

There is a fear that interest rates will go through the roof.

 

6- Regain control= to gain back control over sth

The government has regained control over the cryptocurrency markets.

 

7- Cimb out of=  to get out of sth

Japan has proposed an aid package to help Asian economies climb out of recession.

 

8- Plunging= decreasing by a large amount

Several Asian currencies are plunging to their lowest levels this year.

 

9- Back on course= likely to succeed

After 6 months of recession, the market is back on course.

 

10- Soaring= a quick increase

The price of petrol has soared in recent weeks.

 

11- Nosedive = a sharp fall in economy

Employees had panicked as profits nosedive.

 

12- To get off the the ground= to start to succeed

The rescue plan never really got off the ground. 

 

13- On collision course=  doing things that lead to serious disagreement

The Bank of England is on a collision course with the industry.

 

Next English Idiom Lesson

In our next English idiom lesson, we cover below:

English Idioms About Organization

 

Related Idioms

Here is the list of idioms related to this lesson.

 

Idiom Part 1 Outline

If you wish to explore all lessons that are covered in HiCafe Idiom Part 1, you can visit the Most Common English Idioms- Part 1 page.

 

English Fluency Resources

If you like to read all of lessons related to English expressions, phrases, idioms, proverbs, slang and words, you can visit our Improve English Fluency page.