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FINANCIAL VOCABULARY

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  • ______________:My credit card bill is $1000, but I have a plan to pay the bank $50 per month.
    REPAYMENT
  • ___________: A person who does not pay his/her debts.
    DEADBEAT
  • _________________:I used a store card to buy some clothes and now I don't have enough money to pay it.
    DEBT
  • _______________: At the beginning of every month, I sit down and check how I will spend my money.
    BUDGET
  • _____________: I bought a new tv, but I haven't paid for it yet. I pay a little each month.
    INSTALLMENTS
  • __________: My dad gave me some money, but I'm going to pay him back.
    LOAN
  • I don't work so I don't have any________
    INCOME
  • _____________: I spent $500 on my credit card, but I have to pay $500 + 3%.
    INTEREST RATE
  • ______________: Every month I have to pay my rent, my car insurance, my health plan and the grocery shop.
    EXPENSES
  • __________: I went to the bank and took some money from my account.
    WITHDRAWAL
  • ____________: The bank lent me money to buy a house.
    MORTGAGE
  • ____________: I spent some money in my checking account that the bank gives me, I have to pay them back.
    OVERDRAFT
  • ______________: I went to the bank and put some money into my account using an envelope.
    DEPOSIT
  • ____________: Every month I receive my salary here. I'm the only one who can access it.
    CHECKING ACCOUNT
  • __________: There is a machine in the supermarket to use to get cash.
    ATM