definition Money

fine

paid as a punishment for breaking the law

bill

paid at a restaurant after eating

taxes

paid to the government for services that the state provides

fare

paid while traveling expecially on public transport, buses, trains

share

part of the value of a company that you may buy

deposit

part-payment of money which you make to stop the seller from selling his goods to others

wages

An amount of money you receive usually weekly, in return for labour or service

royalties

money, paid to authors or inventors according to the sales of their work

salary

A fixed amount which is paid, usually monthly, to workers of higher rank

investment

a sum of money used to make more money from something that will increase in value

debt

a sum of money which is owed to someone

bonus

an additional payment which is a reward to those who work for a company for their extra work

commission

an amount of money related to the value of goods sold which is paid to a salesman for his services

loan

an amount of money which is lent to someone

interest

extra percentage paid on a loan

cash

money in the form of coins or notes, not cheques

pension

money paid by a company or the state on your retirement

alimony

money paid by divorced father to his former wife for the upkeep of his children

maintenance

money paid by divorced or separated people to support the former husband or wife

stipend

money paid by the state, usually to students

fee

money paid for professional services (doctor)

legacy

money received from someone in his or her will

allowance

money usually from a relative to live on

duty

tax on imported articles paid to the customs

Overdraft

the amount of money borrowed from a bank, greater than that which is in your account

dividends

the amount of money that goes to a shareholder

premium

the money that a person pays to an insurance company to protect against loss or damage

mortgage

the money, which a building society or bank lends to someone to buy a house