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Money

Terms in this set (100)

To earn money
To get money by working
To inherit money (from somebody)
To receive money from somebody who has died
To borrow money
To get some money from somebody that you will give back.
To lend money
To give somebody money that they must give back to you
To invest money
To buy shares in for example a business and hope that you will make some profit.
To waste money
To use money on something you do not need.
To pay (somebody) back money / Repay
To return money that you have borrowed
To owe (somebody) money
If you have borrowed money from somebody we can say that you owe him money. E.g. I owe Steve 10 EUR.
To withdraw money
To take money out of a bank account.
Debt
An amount of money you owe somebody or a bank.
Fees
An amount of money you pay to somebody or a bank for the service they provide
Fine
Money you pay as a punishment for breaking the law, like for example speeding.
Bank account
When you put money in a bank under a personal name, you open an --------so the bank knows it belongs to you.
To be broke /bankrupt
To have no more money.
Overpriced
When something costs more than what you think it should cost.
Cheap
When something does not cost a lot.
Savings account
Money you put away for a later use.
Notes
The money that is made on paper.
Bills
The money that is made on paper.
Wallet
You carry it around in a bag to keep money and cards in it (men)
Purse
You carry it around in a bag to keep money and cards in it (women)
Debit Card
A plastic card with which you can pay out of your bank account.
Overdrawn
An account is -------- when you spend more than what you had on it.
Overdraft Facility
An agreed amount of money the bank gives you on top of what is on your account in case you go under zero.
Fortune
A lot of money
Money Transfer
To move money electronically from one account to another
wire transfer
To move money electronically from one account to another
Promotion
A special deal to offer certain (advantageous) conditions or prices to selected customer for a restricted period of time.
Account is not covered
The account does not have sufficient amount of money on it.
Account is blocked
The access to an account is temporarily disabled by a bank due to some problems (usually overdraft). Synonyms: account is suspended/frozen /disabled
Overdraft
An overdraft occurs when money is withdrawn from a bank account and the available balance goes below zero.
To afford
When you are able to buy something
Change
The extra money you get back if you give the salesperson more money than the item costs.
To deposit
To put money in the bank.
Expensive
Something costs a lot of money.
Sum
A total amount.
Currency
Different money used in different countries.
Loan
Money you get from bank to buy something. You have to pay certain fees (and interest rate) on it.
Mortgage
A loan from a bank used to purchase a house or a real estate property (usually secured on the borrower's property).
Salary
Money you get from your employer at the end of a month (or another agreed period).
wages
money you get on weekly or bi-weekly
A coupon
As a part of promotion customers receive a piece of paper with a promised offer/discount to be used at a retail shop.
wealthy
rich
An invoice
A commercial document issued by a seller to a buyer relating to a sale transaction and indicating products, quantities and agreed prices.
A down payment
Is a payment used in the context of the purchase of expensive items such as a car and a house, whereby the payment is the initial upfront portion of the total amount.
Installment Plan
Is the legal term for a contract, in which a purchaser agrees to pay for goods in parts or a percentage over a number of months
Valuables
Things that are important to a given person such as doucuments, gold, jewelry
Safe deposit box
A box in a bank that holds personal valuables, passports, money, jewelry, etc.
Branch office
A regional representation or office of a big company, institution or a bank.
Short of money
When a person has only little money at a given period of time. E.g. Steve is always -------- of money.
Store credit
Instead of giving money back for the returned products, some shopkeepers prefer to allow buyers to buy other products for the same amount of money.
Receipt
a written acknowledgment that a specified article or payment has been received. It records the sale of goods or provision of a service.
Bill
a statement of money owed for goods or services supplied. E.g a restaurant ----, a hotel ------, etc.
ATM
A machine to withdraw money from your account.
Coins
Pieces of metal used as money.
Cash
Coins and notes
Warehouse
A place to keep products in large quantities.
discount
An agreed percentage taken off the price as a part of promotion or sale.
An entrepreneur
A person who manages and organizes any enterprise, a business with considerable initiative and risk.
piggybank
where you keep money when you are a child
wallet
a pocket-size case for holding papers and paper money
purse
a bag used for carrying money and small personal items or accessories (especially by women)
direct debit
a payment system whereby creditors are authorized to debit a customer's bank account directly at regular intervals
mortgage
A loan to purchase a home or other real estate
to consolidate
To unite into one system or body
grant
A gift of money given for a specific purpose.
financial burden
heavy financial responsibility
to allocate funds
to distribute funds
debt
Schulden
debtor
one who owes money to another person
to be broke
to have no money
store card
credit that can be used at a certain store
expiry date
date on which something loses its validation or utility
golden handshake
generous payment to a senior employee who leaves the company
life savings
the money you have saved over your whole life
fraud
A deliberate deception intended to secure an unfair or unlawful gain
check bounced
check can not be cashed due to insufficient funds
bearer's check
check with no payee name on it; whoever presents the check can cash it in
blip
short upturn in income or performance
deviation
Abweichung
income tax
Einkommensteuer
tax declaration
Steuererklärung
expenses
Ausgaben
change
Rückgeld
pension
Rente
interest
Zinsen
pay raise
Gehaltserhörung
pocket money
Taschengeld
to pay off
abbezahlen
joint account
gemeinsames Konto
to balance the checkbook
to check expenses against the amount on the account
standing order
direct debit that happens on regular basis
ransom
Lösegeld
Inheritance
Money or assets you get upon someone's death
alimony
payments made regularly to an ex-spouse after divorce
lump sum
A single payment made at a particular time, as opposed to a number of smaller payments or installments.
direct debit
a payment system whereby creditors are authorized to debit a customer's bank account directly
payee
A person to whom money is paid
grace period
A time period during which no finance charges will be added to your account
outstanding balance
The amount of money you still need to pay on your card
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