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Money & finance Vocabulary currency converter




MONEY & FINANCE
Vocabulary
currency converter

A.T.M.

Automated Teller Machine; cash dispenser

 

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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