vocabulary II: money matters

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24 Terms

1
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LAY OUT

to spend money, especially a large amount

2
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SPLASH OUT

to spend a lot of money on something you don’t need, it’s very pleasant

3
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RUN UP

to create a large debt

4
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FORK OUT/OVER:

to pay for something, usually something you’d rather not have to pay for

5
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SHELL OUT

another phrasal verb for fork out/over

6
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GET BY

to have just enough money for your needs

7
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SCRAPE BY

to manage to live on very little money

8
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BAIL OUT

to help a person or organization out of a difficult situation

9
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PAY BACK

to return money owed to someone

10
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PAY OFF

to finish paying all money that is owed

11
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SAVE UP

to keep money for a large expense in the future

12
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PUT ASIDE

to save money for a specific purpose

13
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CUT BACK (ON)

to reduce expenses on a particular item

14
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DIP INTO

to spend part of your saved money

15
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BREAK INTO

to start to use money that you have saved

16
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OVERDRAFT

an amount of money that a customer with a bank account is temporarily allowed to owe to the bank

17
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ASTRONOMICAL (money related)

extremely large (pricey, expensive, exorbitant)

18
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BARTER

to exchange goods, work, or services for other goods or services rather than for money

19
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TO ISSUE

to officially produce something such as new stamps, coins, or shares and make them available to buy

20
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CURRENCY

the system or type of money that a country uses

21
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TRADES PERSON

to buy and sell goods, services etc as your job or business

22
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PURCHASE

(formal) to buy something

23
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TO MINT

to make a coin

24
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DENOMINATION

(technical) the value shown on a coin, paper money, or a stamp