ENGLISH BUSINESS VOCABULARY
MONEY VOCABULARY
The meaning of words relating to money and finance.
| WORD | MEANING |
| A.T.M. | Automated Teller Machine; cash dispenser |
| Banknote | Piece of paper money. |
| Bitcoin | Digital currency which allows payments to be sent from one party to another without going through a financial institution. |
| Borrow | Obtain money which must be returned or reimbursed. |
| Broke (be broke) |
To have no money. |
| Budget | Amount of money available or needed for a specific use. |
| Cash | Coins or bank notes (not cheques); actual money paid, not credit. |
| Cash dispenser | Automatic machine from which a bank customer can withdraw money. |
| Cashier | A person dealing with cash transactions in a bank, shop, etc. |
| Cheque (US: check) |
Written order, on a specially printed form, to a pay the stated amount from one's bank account. |
| Coin | A piece of metal, with an official stamp, used as money. |
| Currency | The money used in a country. |
| Debt | Money owed by one person to another |
| Deposit | Sum of money payable as a first instalment on a purchase; Money placed in an account in a bank. |
| Donate | Give money, especially to charity: make a donation. |
| Exchange rate | The rate at which one currency can be exchanged for another. |
| Fee | Payment made to a professional person (doctor, lawyer, etc.). |
| Instalment | A sum of money due as one of several equal payments to be made over an agreed period of time. |
| Interest | Money paid for borrowing or investing money. |
| Invest | To put money into a business, property, etc. in order to earn interest or profit. |
| Legal tender | Currency that cannot legally be refused as payment. |
| Lend | Give or allow the use of money which must be returned, usually with interest. |
| Loan | Sum of money that is borrowed and is expected to be paid back with interest. |
| Owe | To be in debt to someone: to owe money to somebody. |
| Petty cash | Small amount of cash kept available by a company or firm for everyday expenses. |
| Receipt | Written statement that money has been paid for something. |
| Refund | Pay back money received;; reimburse. |
| Tip | Small sum of money given to a waiter, taxi driver, etc. |
| Withdraw | Take money from a bank account. |