Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
40 Cards in this Set
- Front
- Back
BUDGET |
The money that is available to a person or organization. They run the magazine on a pretty tight budget. Two-thirds of the budget goes on labour costs. All schools are expected to manage their own budget. |
|
CHARGE |
The amount of money somebody asks for goods and services. There is a charge of 20 if you are over a week late with your payment. The organization provides a range of services free of charge. At no extra charge. |
|
GRANT |
A sum of money that is given by the government or another organization to be used for a particular purpose, e.g. education. The club granted him a leave of absence for personal reasons. Irish nationalists urged the British government to grant an amnesty to all political prisoners. |
|
LOAN |
Money that a bank lends and somebody borrows. An interest-free loan. How soon do you have to pay off the loan? He took out a loan to pay for his car. Kenya was still paying off a multimillion still at loan to the IMF. Obtain, arrange, take out |
|
MORTGAGE |
Do you have a mortgage on your house? On my present salary I can't take out a mortgage. Obtain, get, take out, arrange |
|
FEES |
Money that you pay to a professional person or institution for their work. Many doctors have a standard scale of fees. Tuition fees at Stanford have now reached 9000 a year. It is reported that he will have to pay legal fees of 200. |
|
FARE |
The money that you pay for a journey. Air, bus, train, taxi fare. Have you given the kids their bus fares? |
|
SAVINGS |
Money that you have saved in a bank or invested so that you can use it later. The money for the flight came out of my savings. |
|
DONATION |
If you would like to make a credit card donation ring us now. |
|
FINE |
A sum of money that must be paid as a punishment for breaking a law or a rule. |
|
INSTALMENT |
We paid for the TV in 12 monthly instalments. When is the next instalment due? |
|
DEPOSIT |
She paid a 200 deposit and agree to pay the balance within six months. |
|
WILL |
A legal document that says what is to happen to somebody's money and property after they die. |
|
OVERDRAFT |
The amount of money that you owe to your bank when you have spent more than is in your bank account. I've got an 80 overdraft at the moment. |
|
LUMP SUM |
Money in a single large payment rather than small separate payments. |
|
A CONSUMER SOCIETY |
We live in a consumer society, which is dominated by spending money and buying material possessions. |
|
THE STANDARD OF LEAVING |
The standard of living has risen a lot over the last ten years. |
|
INCOME INFLATION COST OF LIVING |
People's income has gone up, but inflation is high, so the cost of living has also risen. |
|
CAN'T AFFORD |
House prices are rising and many young people can't afford to buy somewhere to live. |
|
INTEREST RATES |
People who have mortgages or loans have to pay high interest rates. |
|
IN DEBT |
A lot of people are in debt and have problems paying their mortgages. |
|
SHARES STOCK MARKET |
Some people make money by buying and selling shares on the stock market. |
|
CURRENCY EXCHANGE RATES |
Our currency is unstable and exchange rates fluctuate a lot. |
|
RICH WEALTHY |
Having a lot of money, property or valuable possessions. |
|
AFFLUENT |
Formal. Rich and with a good standard of living. |
|
WELL-OFF |
His parents are not very well-off |
|
LOADED |
Let her pay. She's loaded. Informal. |
|
POOR |
Having little money, no having enough money for basic needs. |
|
PENNILESS |
She arrived in 1984 as a virtually penniless refugee. |
|
HARD UP |
After he lost his job he was so hard up,the couldn't afford the price of a beer. Informal |
|
BROKE |
I'm always broke by the end of the month. |
|
They're ROLLING IN MONEY |
T |
|
He's got MORE MONEY THAN SENSE |
F |
|
He's really TIGHT-FISTED |
H |
|
I'm IN THE RED |
I have an overdraft in the bank. |
|
It must have COST A FORTUNE. |
Y |
|
It's GOOD VALUE FOR MONEY |
That restaurant has good food at reasonable price. |
|
He SPENDS MONEY LIKE WATER |
H |
|
They're LIVING BEYOND THEIR MEANS |
Y |
|
They CAN'T MAKE ENDS MEET |
Their income doesn't cover their basic expenses. |