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MONEY & FINANCE
Vocabulary
currency converter
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| A.T.M. |
Automated
Teller Machine; cash dispenser |
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| Banknote |
Piece of
paper money |
| Borrow |
Obtain money
which must be returned |
| Broke (to
be) |
To have no
money |
| Budget |
Amount of
money available or needed for a specific use |
| Cash |
Coins or bank
notes (not cheques); actual money paid, not credit |
| Cash
dispenser |
Automatic
machine from which a bank customer may withdraw
money |
| Cashier |
A person
dealing with cash transactions in a bank, shop, etc. |
| Cheque/check |
Written order
to a bank to pay the stated amount from one's
account |
| Coin |
A piece of
metal used as money |
| Currency |
The money
used in a country |
| Debt |
Money owed by
one person to another |
| Deposit |
Sum payable
as a first instalment on a purchase;
money placed in an account in a bank |
| Donate |
Give money
especially to charity; make a donation |
| Exchange
rate |
The rate at
which one currency can be exchanged for another |
| Fee |
Payment made
to a professional person (doctor, lawyer, etc.) |
| Interest |
Money paid for borrowing or investing money |
| Invest |
To put money
into business, property, etc. in order to earn
interest or profit |
| Legal
tender |
Currency that
cannot legally be refused as payment |
| Lend |
Give or allow the use of money which must be returned
with
interest |
| Loan |
Sum of money
to be returned with interest |
| Owe |
To be in debt
to somebody; to owe money to somebody |
| Petty cash |
Small amount
of cash available for everyday expenses |
| Receipt |
Written
statement that money has been paid |
| Refund |
Pay back
money received; reimburse |
| Tip |
Small sum of
money given to a waiter, taxi driver, etc. |
| Withdraw |
Take money
from a bank account |
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