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Study
Money matters3.1 Vocabulary
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money that you have put in a bank to be used later rather than spent straight away
savings
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an amount of money that you pay regularly for using an office, etc. that belongs to someone else
rent
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money that you pay to a professional person or company for their work
fee
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There was a problem with the money _____ that we actioned last week so we've contacted the supplier. (transfer)
transfer
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a printed piece of paper that can be used instead of money to pay for things
cheque
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She wants to gain experience in _____ , so she's working as an intern with one of the largest firms in the city. (account)
accounting
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Please remember to include the name of the _____ on the bank forms. (pay)
payee
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a written statement showing how much money you owe someone for goods or services you have received
bill
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Mobile banking allows me to make _____ into my account without going into a branch. (deposit)
deposits
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If the money is _____ from the account within thirty days, no interest will be paid. (withdraw)
withdrawn
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He has always been good with figures, which is why he chose a career in _____ . (bank)
banking
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a plastic card with your signature that you can use to pay for things (two words)
debit card
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a printed official document that you buy in a bank and send to someone so that they can exchange it for money in a bank (two words)
money order
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an instruction given to a bank to regularly pay money out of an account to a person or organisation (two words)
direct debit
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Investors should discuss _____ decisions with an advisor before buying shares. (finance)
financial
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The fees on the business account were _____ , which is why they changed banks. (prohibit)
prohibitive
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