Vocabulary Unit 7: Money

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Currency

(n) Coins and paper bills used as money or as a medium of exchange in a country

Quid

(n) Colloquial for a pound sterling (UK)

Buck

(n) Colloquial for dollar (USA)

Wealth

(n) Having a large amount of money or property

Cash

(n) Money in the form of coins or banknotes

Bill

(n) Money owed for goods or services (British English)

Money

(n) Something that is generally accepted as payment for goods and services

Debt

(n) Something that is owed or that one should pay to another

Pound Sterling

(n) The basic unit of money of the UK. Symbol: £

Salary

(n) The money paid for employee services

Penny

(n) Unit of money

Cost

(n/v) The price of something

Donation

(v) Cash or contribution with no expectation of return

Win

(v) To achieve something (money) by effort, hard work, or by competition or luck

Afford

(v) To be able to pay for something

Earn

(v) To gain or get in return for one's labor or service

Pay for something

(v) To give money in return for something else

Lend

(v) To give money on condition that it is returned

Owe

(v) To need to pay or repay money to a person, bank, etc.

Lose

(v) To suffer the taking away of something (money in this case)

Borrow

(v) To take money from a person or bank and agree to pay it back to them at a later time

Spend

(v) To waste money

Broke

(v) Without money

Save

(v) to set aside income for a period of time so that it can be used later

Poor

(adj) Having little or no money or means of support

Rich

(adj) Having wealth or great possessions

Banknote/ Note

(n) A ___ is paper currency (British English)

Cheque book

(n) A book containing blank cheques and issued by a bank to holders of cheque accounts

Cash machine

(n) A machine in or outside a bank, etc., from which you can get money from your bank account using a bank card

Dollar

(n) A paper money, silver coin, and monetary unit of the United States, equal to 100 cents. Symbol: $

Coin

(n) A piece of metal stamped and issued by a government as money

Bill

(n) A piece of paper money (American English)

Pence

(n) A plural for penny

Wallet

(n) A small folding case that holds paper money, credit cards, etc.

Credit card

(n) A small plastic card that you can use to buy goods and services and pay for them later

Fortune

(n) A very large amount of money

Poverty

(n) An insufficiency of material goods, monetary wealth, access to resources.

Till

(n) Cash draw of cash register


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