shopping and money @IRYNA | WS

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20 Terms

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Budget

A plan for how to spend and save money over a period of time.

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Save

To set aside money for future use.

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Spend

To use money to buy something.

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Discount

A reduction in the usual price of something.

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Rebate

A sum of money paid back to you, especially a small part of a larger sum that you have paid.

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Receipt

A piece of paper that shows that you have paid for something.

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Cash

Physical money in the form of coins or banknotes.

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Credit Card

A small plastic card that allows you to buy things and pay for them later.

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Debit Card

A small plastic card that allows you to withdraw money from your bank account or pay for things directly from your account.

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Online Shopping

The act of buying goods or services over the internet.

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Currency

A system of money in general use in a particular country.

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Tax

A compulsory financial contribution imposed by a government to fund public expenditures.

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Sale

A period during which a shop sells goods at reduced prices.

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Refund

A sum of money paid back to someone because they have returned goods or services.

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Impulse Buy

An unplanned purchase prompted by a sudden, strong urge.

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Original Price

The original price of an item before any discounts or sales are applied.

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Sale Price

The lowest price at which an item is sold, often a discounted price.

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Income

The amount of money earned, especially over a specific period of time.

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Expenses

The total amount of money that a business or person spends on goods and services.

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Electronic Funds Transfer (EFT)

An electronic transaction of money from one bank account to another, typically used for online payments.