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40 Cards in this Set

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  • 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.