Unit 5: Financial Advice

adopt

start to use

do away with

get rid of, abolish, stop using

as long as

on the condition that

run out of

use all of sth and have none left

keep track of

have all the information you need about sth

copper

red-brown metal used for making wire, pipes or coins

stature

status, position in society

dodge

avoid sth

ATM/cashpoint

a computerized electronic machine that performs basic banking functions (such as handling check deposits or issuing cash withdrawals)

bank charge/fee

sum of money paid by a customer for a bank's services

bargain

a thing bought or offered for sale much more cheaply than is usual or expected.

change

money returned when a payment exceeds the amount due

credit/debit card

a payment card

discount

a deduction from the usual cost of something

(bank)note

a promissory note, payable on demand, issued by an authorized bank and intended to circulate as money.

receipt

a writing acknowledging the receiving of goods or money

refund

pay back (money), typically to a customer who is not satisfied with goods or services bought

sale

1. the action of selling something

save

keep and store up (something, especially money) for future use

take out (money)

to get money from a bank account

waste (money)

to spend money for inadequate return

account

money deposited in a bank account and subject to withdrawal by the depositor

afford

to be able to pay for something

allowance

a sum regularly provided for personal or household expenses

budget

a plan for making and spending money

cash

money in the form of bills or coins

coin

a usually flat piece of metal issued by governmental authority as money

get into debt

start to owe money

payment

an amount of money paid

purchase

to buy

spend on

to give money as a payment for something

spending habits

the ways a person tends to spend money

swipe

to slide a debit or credit card through a slot in a reading device

tax

a required payment to a local, state, or national government

value

the monetary worth of something

spend a fortune

spend an extremely large amount of money

tighten your belt

to try to spend less money than you used to

throw money down the drain

to waste money by spending it on something useless

snap up a bargain

to buy something quickly; especially sth. of good value

cost an arm and a leg

to be extremely expensive

earn

to get money by working

reckon

expect, believe, or suppose

let (a flat, a house, etc.)

to allow someone to make use of the property or to live in it temporarily in a exchange for payment

hard up

short of money

set aside

To save parts of the money you earn

cut down on

to spend less on

pay back

repay a loan to someone

splash out

to spend more than you can afford

get by

manage with difficulty to live or accomplish something

come to

occur; happen; take place

chip in

contribute something as one's share of a joint activity, cost, etc

shop around

to visit many stores before buying

sell out

to sell each one of something

rip off

to pay more than somethings' value

interest

a sum paid or charged for the use of money or for borrowing money

charge

to fix or ask as fee or payment

reduced

made smaller, lower, or less; diminished

fortune

a large amount of money

well off

rich, wealthy

profit

The financial gain made in a transaction

take out

to obtain from the proper authority

poverty

the state of being very poor

worthless

without value; not worth anything

wealth

the total value of everything someone owns

loan

An amount of money given to the borrower for a set period of time.

tip

a small amount of money in return for a service.

rent

an agreed sum paid at fixed intervals by a tenant to the landlord

safe

a place or receptacle to keep articles (such as valuables) safe

wealthy

very rich

luxurious

providing ease and comfort far beyond what is ordinary or necessary

generosity

act of giving to others, willingness to contribute

savings

disposable income not spent for consumer goods

insurance

protection against possible financial loss

profitable

bringing advantage or monetary gain

cashier

a person whose job is to receive and pay out money in a bank, shop / store, hotel, etc.

signature

your name written in your own handwriting

pay for

to give someone money for a particular purpose

pay out

to pay a large sum of money for something

unpaid

not yet paid

payable

that may, can, or must be paid

pay rise

an increase in your salary

well paid

(job) in which you earn a lot of money

heir

a person who inherits another's belongings

pensioner

a person who receives or lives on a pension

accountant/bookkeeper

a person whose job is to keep or inspect financial accounts

customer

someone who pays for goods or services

agent

a person who acts or does business for another

investor

person who puts money into a project to earn a profit

swindler

one who obtains money by fraud or deceit; con man