an account with a bank created by the deposit of money or its equivalent and subject to withdrawal of money
bank account
Define:
to save
to budget, to put money aside for the future
I would like to withdraw €500 in small ____ of 20s and 10s.
notes
We can complete your request for a withdrawal of €250, would you like large or small notes?
I would prefer large notes, please.
Pronounce:
475
four hundred and seventy-five
the amount of money held in a bank account at a given moment
balance
Define:
to withdraw
to take money out from the bank
When you deposit a cheque, you must make sure to put your ________ on the back.
signature
Hello. Can you tell me the balance on my current account?
Yes, the balance for your current account is _____.
Yes, it's ______.
Pronounce:
10,000
ten thousand
an employee of a bank who deals directly with customers
bank teller
Define:
to deposit
to put money into a bank account
I was desperate for money, so I asked my parents for a ______.
loan
If you did NOT deposit cheques with a bank teller, where might you have deposited them?
the drop-off box
Pronounce:
18,200
eighteen thousand two hundred
an individually secured container that stays in the safe or vault of a federally insured bank or credit union; people usually keep family documents, property deeds, mortgage documents, personal and business contracts, insurance policies, etc. inside
safety deposit box
Define:
to borrow
to take or receive temporarily with the intention of returning the same (plus interest)
I lent Mia a lot of money last year, and she still has not _____ me _______.
paid (me) back
Yes, _______________.
No, ___________.
70,344
seventy thousand, three hundred and forty-four
a physical location of a banking corporation
branch
Define:
interest
the cost of borrowing money or the extra fee the borrower pays the lender
Hello, we need to make a transfer to our _______ in Scotland.
partners
If you want to make a transfer to a business partner, what details might the bank ask you for?
Pronounce:
1,000,002
one million and two