MONEY VOCABULARY

Useful Vocabulary
The Major Currencies
$ = Dollar = Euro
= Pound (Sterling) = Yen
a!s o" #a!ing
cash che$ue(s) credit (slang % #lastic)
&eneral Mone! 'oca(ular!

(an)(s) cash (o*(es)
cash +achine(s) ,
-TM(s)

MONEY VOCABULARY
che$ue (oo)(s) coin(s) note(s)

#igg! (an)(s) #oor #urse(s)

rich sa"e(s) till(s)

.allet(s)
Build Up A - Z of money terms
account n. a record of money a person deposits into a bank
-TM n. Automatic Teller Machine aka Hole in the wall.
(alance n. the difference between credits and debits in an
account
(an) n. a buildin in which commercial bankin is
transacted.
(an) charges n. money paid to a bank for the bank!s ser"ices etc
(an)er/s dra"t n0 a che#ue drawn on the bank $or buildin society%
itself aainst either a cash deposit or funds taken
directly from your own bank account.
(arter v. to trade without usin money.
(orro. v. to ask for the temporary use of money on the
MONEY VOCABULARY
condition of repayment and at a set rate of interest.
(ranch n. local office or bureau of a bank
(uilding
societ!

n0 A buildin society is like a bank& but it is owned
by its members - sa"ers and borrowers - and not by
shareholders. 'ts traditional purpose was to lend
money to indi"iduals to purchase or remortae
their homes. This money used to come e(clusi"ely
from indi"idual sa"in members who are paid
interest on their deposits. )ow& an increasin
proportion& but still a minority of the funds are raised
on the commercial money markets.
cash"lo. n. cash earnins minus cash outflows for fi(ed- and
workin-capital in"estment.
cashier n. an employee of a bank or buildin society who
recei"es and pays out money.
che$ue(oo) n. book containin detachable che#ues
che$ue n. written order to a bank to pay the stated sum
from one!s account
counter"eit n. fake money made in order to decei"e - also v.
credit n. money in a bank a*c+ sum added to a bank a*c+
money lent by a bank - also v.
credit card n. $plastic% card from a bank authorisin the
purchasin of oods on credit
currenc! n. money that is used by a country such as the
United ,indom.
current accountn. bank a*c from which money may be drawn at any
time+ checkin account U-
de(it n. a sum deducted from a bank account& as for a
che#ue - also v.
de(it card n0 you use a debit card in much the same way as a
credit card but instead of recei"in credit after
MONEY VOCABULARY
makin your purchase& the funds are automatically
$within a few days usually% withdrawn from your
bank account.
de(t n. the state of owin somethin $especially money%.
deno+ination n. a number that e(presses the "alue of a coin or
bill. A fi"e pound note and a ten pound note
represent two denominations.
de#osit n. an amount of money placed with a bank
de#osit accoun
t
n. bank a*c on which interest is paid+ sa"ins
account U-.
"ill in v. to add written information to a document to make
it complete.
"oreign
e*change
n. Used to describe the currency of other countries
and the system for dealin in such currency $often
shortened to .ore(%.
interest n. money paid for borrowin money& or money that
a bank or buildin society pays a customer for
puttin money into their bank.
interest rate n. the percentae of an amount of money which is
paid for the use of that money o"er a period of time.
lend v. to i"e the temporary use of money on the
condition of repayment and at a set rate of interest.
loan n. money lent by a bank etc and that must be repaid
with interest - also v.
+ortgage n0 most of us do not buy our homes outriht for cash
- instead we borrow money to do so.
o1erdra"t n. deficit in a bank account caused by withdrawin
more money than is paid in
#a! v. To i"e $someone% money that is due for work
done& oods recei"ed& or a debt incurred.
#a! n. Money paid to someone for reular work. Also
MONEY VOCABULARY
see salary.
#a! in v. to deposit or put money in to a bank account
#a!ee n. person to whom money is paid
#a!ing%in sli# n. small document recordin money that you pay in
to a bank account
#ence n. more than one penny.
#ension n. A reular payment made durin a person!s
retirement $when they become too old to work% from
an in"estment fund to which that person or their
employer has contributed.
salar! n. A fi(ed reular payment& typically paid on a
monthly or biweekly basis made by an employer to
an employee.
standing order n. an instruction to a bank to make reular
payments
state+ent n. a record of transactions in a bank account
.ithdra. v. to take money out of a bank account
.ithdra.al n. the act of takin out money.
)aturally -peakin
2ich +an , Poor +an
There are lots of ways to describe how rich or poor someone is.
Here are a few - from "ery rich to "ery poor.
"ilth! rich
stin)ing rich
rolling in it

MONEY VOCABULARY
.ealth!
rich
#ros#erous
a""luent
.ell o""
hard%u#
need!
s)int
(rassic
#enniless
(ro)e
#oor
i+#o1erished

#o1ert!%
stric)en
destitute
Do !ou li)e to share !our +one!3 or do !ou )ee# it all to !oursel"4
5" !ou gladl! share !our +one! !ou +a! (e considered6%
charita(le % generous % sharing % unsel"ish
5" !ou )ee# all !our +one! !ou +a! (e considered6%

MONEY VOCABULARY
+ean % +iserl! % sel"ish % sting! % tight % uncharita(le %
ungenerous
/ialoue
7ere is a con1ersation (et.een Mrs S+ith (8oan) and the cashier
at her ne. (an)0
5t/s Saturda! +orning and 8oan/s gone to the (an)0
0oan '!d like to open a bank account& please.
1ashie
r
1ertainly. /o you ha"e some form of identification2
0oan 3es& ' bouht my passport. 's that 4,2
1ashie
r
3es. 5e also need proof of your current address. /o you
ha"e a utility bill or your dri"er!s licence with you2
0oan '!"e ot my dri"er!s licence.
1ashie
r
That!s fine. 5hat kind of account did you want2
0oan 5ell ' want two& a deposit account and a sa"ins account.
1ashie
r
That!s fine& we do both. /o you ha"e any proof of income2
0oan 3es& ' bouht my pay slips for the last three months.
1ashie
r
6ood. 3ou could also apply for a credit card at the same
time& if you like.
0oan 3es& that would be reat.
1ashie
r
4,. 'f you would 7ust like to fill out these forms...
- -ee more at8
http8**www.learnenlish.de*"ocabulary*money.html9sthash.l4:ufulr.dpuf
http8**www.learnenlish.de*"ocabulary*money.html
MONEY VOCABULARY