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GE Unit 12 Lesson 12a Money, Money, Money!
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having no money; very poor.
penniless
not willing to spend or give much money; miserly.
tight fisted
money received, especially on a regular basis, for work or through investments
income
a system of money in general use in a particular country
currency
a small plastic card issued by a bank, building society, etc., allowing the holder to purchase goods or services on credit
credit card
the state of owing money
in debt
the value of one currency for the purpose of conversion to another
exchange rate
a legal agreement by which a bank, building society, etc. lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt
mortgage
tells you how high the cost of borrowing is, or high the rewards are for saving
interest rates
a general increase in prices and fall in the purchasing value of money
inflation
a person who purchases goods and services for personal use
consumer
used with a possessive to emphasize that someone or something belongs or relates to the person or thing mentioned
own
a payment made to a professional person or to a professional or public body in exchange for advice or services
fees
the money paid for a journey on public transport
fare
demand (an amount) as a price for a service rendered or goods supplied
charge
the money one has saved, especially through a bank or official scheme.
savings
something that is given to a charity, especially a sum of money
donation
a penalty of money that a court of law or other authority decides has to be paid as punishment for a crime or other offense
fine
a sum of money due as one of several equal payments for something, spread over an agreed period of time
installment
the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future
credit
an initial payment made when something is bought on credit
down payment
something pledged as security for repayment of a loan, to be forfeited in the event of a default
collateral
feeling or showing an envious resentment of someone or their achievements, possessions, or perceived advantages
jealous
a legal declaration of a person's wishes regarding the disposal of his or her property or estate after death
will
a deficit in a bank account caused by drawing more money than the account holds
overdraft
a single payment made at a particular time, as opposed to a number of smaller payments or instalments
lump sum
agree to give or allow (something requested) to
grant
the action of spending funds
expenditure
an estimate of income and expenditure for a set period of time
budget
having a great deal of money, resources, or assets; rich
wealthy
a state of great comfort or elegance, especially when involving great expense
luxury
having a great deal of money; wealthy
affluent


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