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$$$Money Vocab$$$
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an amount of money that is paid at one time and not on separate occasions example: "pay a ________"
lump sum
a legal document that says what is to happen to somebody's money and property after they die example: "make a _____"
will
the first part of a larger payment "make/pay a ________"
deposit
one of a number or payments that are made regularly until something has been paid for example: "pay an ______"
instalment
money paid as a punishment for breaking a law example: "pay a ______"
fine
money that you give to an organization such as a charity in order to help them example: "make a _______"
donation
money that you keep, e.g. in the bank, and don't spend example: "have a _____ account"
savings
the money you pay to travel by bus, taxi, etc. example: "pay a ______"
fare
an amount of money that you pay for professional services or advice, e.g. to a lawyer example: "charge/ pay a ______"
fee
money that a bank lends and someone borrows Example: "take out a _____."
loan
money that's given by the government or another organization for a particular purpose, e.g. education example: "Give/ receive a ______"
grant
the money that is available to a person or organization and a plan of how it will be spent over time example: "A limited ________."
budget