Business English Vocabulary - Finance

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  • 8/12/2019 Business English Vocabulary - Finance

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    Word Meaning

    A.T.M. Automated Teller Machine; cash dispenser

    banknote Piece of paper money.

    bitcoin Digital currency which allows payments to be sent fromone party to another without going through a financialinstitution.

    borrow Obtain money which must be returned.

    broke (to be) To have no money.

    budget Amount of money available or needed for a specificuse.

    cash Coins or ban notes !not che"ues#; actual moneypaid$ not credit.

    cash dispenser Automatic machine from which a ban customer canwithdraw money.

    cashier A person dealing with cash transactions in a ban$shop$ etc.

    cheque / check %ritten order to a pay the stated amount from one&saccount.

    coin A piece of metal used as money.

    currency The money used in a country.

    debt Money owed by one person to another.

    deposit 'um or money payable as a first instalment on apurchase;Money placed in an account in a ban.

    donate (ivie money$ especially to charity; mae a donation.

    exchange rate The rate at which one currency can be e)changed foranother.

    fee Payment made to a professional person !doctor$lawyer$ etc.#.

    interest Money paid for borrowing or investing money.

    invest To put pmey into a business$ property$ etc. in order to

    earn interest or profit.ega tender Currency that cannot legally be refused as payment.

    end (ive or allow the use of money which must bereturned$ usually with interest.

    oan 'um of money to be returned with interest.

    owe To be in debt to someone; to owe money tosomebody.

    petty cash 'mall amount of cash available for everyday e)penses.

    receipt %ritten statement that money has been paid.

    refund Pay bac money received; reimburse.

    tip 'mall sum of money given to a waiter$ ta)i driver$ tec.

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    withdraw Tae money from a ban account.