Share C1.1 - Let's talk about money
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A society where buying and selling material goods is considered very important:
consumer society
balance
cost of living
The amount of money and level of comfort that a particular person or group has:
income
standard of living
mortgage
The money someone earns from work, investing money or from business:
interest rate
inflation
income
The rise in the prices of goods and services in a particular country which results in a fall in the value of money
mortgage
in debt
inflation
The amount of money people need to pay for food, clothing and somewhere to live:
balance
cost of living
standard of living
Not have enough money to be able to buy or do something:
in debt
can't afford
Deal with the money you have in the bank:
make a payment
make transfers
manage my account
The amount of money someone has in their bank account at a particular time:
balance
mortgage
income
Move money from one place to another:
make a transfer
make a payment
manage your account
To pay a sum of money:
make transfers
make payments
The percentage of extra money that you pay back when you borrow money:
inflation
interest rates
mortgage
The situation of owing money, especially when you cannot pay:
inflation
in debt
interest rates
A legal agreement by which a bank lends you money to buy something, and you pay the money back over a period of time:
mortgage
cost of living
in debt
