acquire (v)
/əˈkwɑɪər/

to obtain something by buying or being given it

assess (v)
/əˈses/

to calculate the amount or value of something

asset (n)
/ˈæs·et/

something such as money or property that a person or company owns

hazardous (a)
/ˈhæz·ər·dəs/

involving risk or danger, especially to someone's health or safety

jointly (r)
/ˈdʒɔɪnt·li/

involving two or more people, or done by them together

lease (n)
/lis/

a legal agreement that allows you to use a car, a building, a piece of equipment, or some land for a period of time, usually in return for a regular payment

liability (n)
/ˌlaɪ.əˈbɪl.ə.t̬i/

the fact that someone is legally responsible for something

proprietor (n)
/prəˈprɑɪ·ɪ·t̬ər/

a person who owns and usually manages a business

safeguard (v)
/ˈseɪf·ɡɑrd/

to protect someone or something from harm or destruction

property (n)
/ˈprɑː.pɚ.t̬i/

a building or area of land, or both together

apartment (n)
/əˈpɑrt·mənt/

a set of rooms for living in that includes a kitchen and a bathroom

expense (n)
/ɪkˈspens/

an amount of money that you spend in order to buy or do something

initial (a)
/ɪˈnɪʃ·əl/

of or at the beginning; first

landlord (n)
/ˈlændˌlɔrd/

a person who owns a building or an area of land and is paid by other people for the use of it

insurance (n)
/ɪnˈʃɔː.rəns/ 

the agreement in which you pay a company money and the company pays the cost if you have an accident, injury, or loss

investment (n)
 /ɪnˈvɛstmənt/

the act of putting money or effort into something to make a profit or achieve a result

wipe out (phrasal verb)
/wɑɪp ɑʊt/

to destroy or remove someone or something completely

value (n)
/ˈvæl·ju/

how much something is worth in money or other goods for which it can be exchanged

investor (n)
/ɪnˈves·tər/

a person or group of people that puts its money into a business or other organization in order to make a profit

split (v)
/splɪt/

to divide something into two or more parts and share it between different people, activities, etc.