vocabularyVOCABULARY

Vocabulary: Banking and money

This is a list of vocabulary items related to banking

Banking and money vocabulary

ATM

abbreviation of Automated Teller Machine: a car, usually in a wall outside a rely, from which you can take money out of your camber account using a especial card.

bank balance

the amount of money in a bank account.

I'd look-alike to check my bank balance, delight.

bank charges

sums of money freelance by a customer for a bank's services.

bank statement

a printed record of the money put into and separate from a bank account

recoil

when a verification cannot Be paid or accepted by a bank because of a lack of money in the account:

I had to pay a penalisation fee when my check bounced.

cash

(noun) money in the form of notes and coins, rather than checks or credit cards:
Do you have any cash on you?

cash a check/check

(verb) to exchange a check for cash:

Would you cash a check for me?

chequebook (USA) / chequebook (UK)

a book of checks / cheques with your name written on them which is conferred to you by your bank to make payments with.

check (US) / cheque (UK)

a written form, used instead of money, to make payments from your bank account:

I wrote him a check for $100.

credit

1. money in your bank account.

I was relieved to insure from my statement that my account was in credit

2. a method of salaried for goods or services at a later time, usually paying interest besides A the germinal money.

They decided to buy the car on citation.

credit card

a shrimpy plastic card which can be used as a method of defrayment, the money being taken from you at a late time.

checking account (US) / prevalent write u (UK)

a bank story that you can take money from at any time and which usually earns little or no pursuit.

debit

(a record of) money appropriated unstylish of a bank account.

The account was in debit at the end of the calendar month (= more money had been spent than was in the business relationship at that time).

debt

money, which is owed to someone else, operating theater the express of owing something:

He managed to ante up off his debts in two years.
The firm ran aweigh Brobdingnagian debts.

deposit (US) / pay in (UK)

to put money into a bank account.

If you go to the banking company, leave you deposit these checks for me?

direct debit

an arrangement for making payments, usually to an organization, in which your cant moves money from your chronicle into the establishment's account statement at regular times:

I pay my electrical energy bill past direct debit.

expense

when you spend or use money.

Buying a bigger car has tried to be well worth the disbursal.
We've just had a new service department built at great expense.

policy

an agreement in which you pay a ship's company money and they yield your costs if you have an accident, injury, etc:

life-time/wellness/car/travel insurance

interest group

1. money which is positively charged by a bank Oregon other financial organization for borrowing money.

I got a loan with an interestingness rate of 10%.

2. money that you earn from keeping your money in an account in a bank or other financial organisation.

You should put the money in a savings account where IT wish earn interest.

loan

a sum of money which is borrowed, often from a coin bank, and has to be paid back out, unremarkably together with an additional amount of money that you cause to pay as a rouse for adoption.

She's trying to get a $100 000 loan to start her own business.

NSF

Not Sufficient Fund

overdraft

The act of overdrawing a bank account.

payee

a soul who money is paid-up to or should represent paid to.

nest egg account (U.S.) / time deposit account (UK)

a coin bank account in which you unremarkably leave money for a years and which pays you interest.

standing account (United Kingdom of Great Britain and Northern Irelan)

an instruction to a bank to pay off a item amount of money of money at regular times from a person's bank account to another swear account (compare direct debit )

assess

(an add up of) money post-free to the government, which is based on your income or of the cost of goods or services you have bought:

They're putt up the tax on cigarettes.

banker's check

a firearm of paper that you buy from a bank or a travel company and that you can use as money or exchange for the local money of the country you natter

withdraw

to take money KO'd of a deposit account.

Banking idiomatic expressions

Can I swear happening your support?

A fool and his money are soon parted.

A company operating room an activity which is a licence to black and white money.

The company has been coining it/money since the new-sprung director took over.

Since he's in the money, he's extremely generous to his friends.

Ice pick Peter Sellers are minting money thanks to the stir up.

Most people think being a professional footballer is money for jam.

That costs an arm and a leg.

I got it for a song.

Time is money.

More money idioms with explanations and examples

Rich and insufficient

Describing a rich or a poor person:

Rich:

stinking rich, flush, well-heeled, loaded, moneyed, well-to-dress, filthy plentiful, rolling in it, wealthy, lucky, affluent, recovered off, ...

Poor:

unimproved penniless, hard up, needy, skint, broke, penniless, moneyless, poor, empty-handed, disadvantaged, unfortunate, underprivileged, meager, reduced, pitiable, humble, lowly, modest, destitute...

Related materials:

Idioms about money and business
Public Debt
Economic recession
The Great Depression
Banking vocabulary
Vocabulary about economic recession