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What is Money?

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  1. Chapter 6 Where’s the money?

MONEY

 

money=dough=bucks=greens

Account/checking account – operation account/savings account – interest account/high-interest account - deposit

Bill(British) – both receive and pay/cheque=check(American)

to write out a cheque

A receipt [ri`si:t]

To lend, a loan

Can you give me a loan?

To borrow money

To earn/gain money

To be hard up=to have practically no money

To be well-off/well to do/wealthy

Prosperous/prosperity - процветание “Most people in this city live in great prosperity”

To save/to spend/to waste=to blow out money – быстро растранжирить

To make a purchase

Valuable/worthless

To take out some money from a credit card

Credit card/debit card/plastics

to pay with plastic

Guarantee “The food mixer has a twelve month guarantee”

To owe the bank some money

To pay the bills – оплатить счета

To pay back “If you borrow money, you should pay it back”.

To pay in “We paid in a lot of money on the decorating for this house”

To pay off one’s debts “Whenever Ann loses a bet she refuses to pay off”

payday

payment bills - счета

to make the check payable to smb

a well-paid job/ a low-paid job

a cashier/an accountant/ a manager/an investor

a customer

an heir

a miser - скряга/ a swindler - жулик

profitable – additional money

to save a small amount of money

to put money aside for a rainy day

“Most banks pay interest on your savings”/”If you put money in a bank it will earn 10per cent interest”/”The banks charge you interest(%)” – годовые, дивиденды

notes=banknotes

to open an account

a check book

to be a real bargain

“That house was very expensive, I couldn’t afford it“

mortgage – ипотека

credit limit(on the card)

the credit history

a social security card

to default on the payments – задолжать по выплатам

to cough up – involuntarily give money

to lose one’s shirt

to pay through the nose= to overpay

to have deep pockets/ to be a money bag

fare/fees

“He made his fortune”

ATM(automatic teller machine) to take out some money from your credit card at/from the ATM

To rent an apartment

A debt/ a debtor

Deal

“Small money-small problems,

Big money-big problems...”

 

show the money (the color) – а деньги у тебя есть?

flush with cash = stinking rich = wallowing in money

to ask for a loan

to pay a loan back

to be on a tight budget

debit card

warranty – a document/ guarantee

to lose a bet

“gets and gives”

to get some profit

credit rating = credit score

to spend the last cent

transaction – сделка

currency

hard currency твёрдая валюта

exchange rate

real estate agency

money laundering

to think that someone is made of money

money lender

throw good money after bad – in an attempt to compensate for a loss

money for jam/old rope – earned without any effort

ready money – cash which is immediately available

not for love nor money – under no circumstances

for my money – inf. in my opinion

in the money – earning a lot of money

have money to burn – money spent unnecessarily

spend money like water

to be broke

to be in the black – с прибылью/in the red – в минусе

hot money

cash flow – personal budget

benefit – from government

to pay good money for smth. to smb.

put/pump/pour money into smth. – invest

Money is no object.

marry (into) money

Money talks.

to counterfeit money – подделывать

to produce money

to squander money

to be out of money = no money

to tie up money for smth. – invest

black money – illegal

easy money

bribe

hush money- to keep one’s mouth shut

prize money

prize fund

seed money – to start up a business

well-spent money

mad money = stash – заначка

to stash up

bank vault

to withdraw money from

withdrawal

spendthrift

scholarship – very persona, competitive term

grant – for some research

lump sum – единая сумма

stipend – monthly

to declare smb. bankrupt

to declare bankruptcy

a quid – фунт стерлингов

to cost a fortune

Get rich or die trying

an allowance

a commission

a legacy – наследство/наследие

a dividend

a share - акция

a premium – страховой взнос

donation

tip

ransom- выкуп

expense

to impose a tax on smb.

royalty – авторский гонорар

alimony – for a period of time

child support – алименты

a pension

retirement age

a bonus - премия

to be strapped for cash – to be short of money

an outstanding debt – просроченный долг

mizzy dollar

pretty penny

to hand over fist

to make big bucks

bankable

to be loaded

to go on the dole – пособие

to charge money

a war loan

На бирже

a bull – rises

a bear – goes down

a margin – разница

to scalp

 

back in the black

cash cow

even Stephen

to come into play

to sit on a money box

the currency of the choice

yen

jet-setters

to get a good bank on your dollar

money go down the drain

a fat cat

 

to accept money
to be out of money
to borrow money // to lend money
to bring money

to carry money
to cash checks
to charge money
to claim money
to collect money // to make a collection
to convert currency
to count money
to counterfeit
to cry about money

to deposit money
to dig for money
to earn money // to make money // to raise money
to exchange money
to find money
to forget to bring money
to get money (back)
to keep money safe
to hand money over
to handle money
to have enough money
to hide money

to inherit money
to inject money in...
to invest money
to issue money
to launder money
to lend money // to borrow money
to look for money // to dig for money
to loose money
to love money // to hate

to keep money in a safe place
to make money // to raise money
to mint money
to multiply
to owe money
to part with money
to pay money // to pay back
to present
to put money (back)

to raise money
to receive money
to reject money
to return money
to run out of money
to save money
to send money
to spend money
to split the bill // to break the bill
to steal money

to take money without a permission
to tear money // to wear money
to transfer money
to transport
to use money in a proper way
to waste money
to worship money

 

 

" M O N E Y "

Workers earn it, Spendthrifts burn it, Bankers lend it, Women spend it, Forgers fake it, Taxes take it, Dying leave it, Heirs receive it, Thrifty save it, Misers crave it, Robbers seize it, Rich increase it, Gamblers lose it... I can use it.

(Richard Armour)

 

heir - наследник;
miser - скупой, скупец; скряга;
spendthrift - расточитель, мот;
to crave - страстно желать; жаждать (for); просить, умолять;

 

What is Money?

Metal rings were used as money in ancient Egypt. This was the first step towards the use of metal coins. The first coins were used in Asia Minor about 2,700 years ago. The use of coins spread over the entire world. They were handy to carry, did not wear out easily, did not decay or die, and did not require food.

The coins were usually made by governments, and the value was stamped on each disk. Coins were made in different sizes. Their value was determined by their size and weight. Thus they could be used in making change.

Today, each country usually makes its own money. Sometimes a country has several kinds of coins. Our country, for example, mints several different coins as a part of its money system. The value of most coins is no longer determined by their weight. Many coins, including those of the United States, have only token value. This means that the value of the metal in them is less than their face value. People are willing to accept token coins because they trust their governments.

Coins are handy in making change and in buying things that do not cost much. But handling large amounts of money in coins is not easy. Large sacks of coins are heavy and bulky. Still, for many centuries men did not have the handy substitutes such as money-paper money and checks we use today.

Paper money first came into use in China about six centuries ago. Gradually its use spread into all countries that carry on trade and commerce.

Paper money began as written notes from merchants, moneylenders, or goldsmiths to pay cash upon demand. So long as the ones who issued the notes were honest and were able to pay cash upon demand, people preferred to carry the notes instead of coins.

As more and more people gained confidence in paper money, its use increased in all types of trade. Paper money is now issued by governments. The United States has printed its own money since 1861.

 

Idioms

 

Take care of the pence and the pounds will take care of themselves.

To have money to burn.

Time is money.

To pour money down the drain.

Money makes money.

He who pays the piper calls the tune.

Money is the root of all evil.

Lend your money and lose a friend.

Money makes the mare go.

To spend money like water.

To be in the money.

 


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