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Unit 6 - Complete IELTS Bands 5-6.5

Terms in this set (17)

borrow (money)
(v) to get money from a person or an organization, such as a bank, with the intention of paying it back
charge
(v) to ask for an amount of money for something, such as a product, activity, or service
client
(n) someone who pays someone else for services or advice
consumer
(n) someone who buys or uses goods or services
currency
(n) the units of money used in a particular country
customer
(n) a person or organization that buys goods or services from a shop or business
discount
(n) a reduction in price
exchange rate
(n) the value of one currency when converted to another currency
interest rate
(n) the percent an amount of money which is charged by a bank or other financial company when you borrow money, or paid by them when you keep money in an account
invest money
(v) to use your money to buy something such as shares or property with the aim of making a profit from it
investment
(n) money that is used to buy something with the aim of making a profit
lend money
(v) to give someone money with an agreement that they will pay it back at a later date
receive a pension
(v) to be paid a regular sum of money after you have stopped working
make a profit
(v) to make more money from selling goods or services than it costs to produce or obtain them
retirement
(n) the period of your life after you have stopped working
supermarket chain
(n) a group of supermarkets in different places that are all owned by the same company
supplier
(n) a person, company, or country that sells a product or services
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