Financial vocabulary
It took us 30 years to pay off the ___________ on our house.
mortgage
You'll get a better _________ of exchange at the bank.
charge
I'd like to _________________ an account.
open
VAT
Value Added Tax
We pay good money for our kids' private English lessons.
a) pay the full amount
b) get a good discount
c) pay lots of money
pay lots of money
The __________ of the average French family has risen thanks to the widespread use of credit cards rather than cash to make purchases.
debt
This credit card is _________ in most countries.
accepted
I'd like to _________________ some money to my other account.
transfer
P&L
Profit and Loss
Is it possible to make ends meet on the minimum wage?
a) earn enough to live on
b) earn enough to save
c) earn enough to live well
earn enough to live on
Paying the balance on your card every month helps you get a good _________________.
credit rating
They persuaded him to _________ money in their company.
invest
A document which shows all your withdrawals and deposits (usually for one month) is called a "bank __________________"
statement
ROI
Return on Investment
Before signing a contract, find out if your investment partner has deep pockets.
a) has serious debts
b) has plenty of money
c) has financial problems
has plenty of money
I _________ my friend $500. I borrowed the money last month for an emergency.
owe
All employees had to cut down on travelling _________.
expenses
What's another way to say "to withdraw"?
to take out
CIT
Corporate Income Tax
Have you ever had to tighten your belt?
a) reduce your spending
b) reduce your income
c) reduce your work hours
reduce your spending
After decades of financial struggles, the company finally went _______________.
bankrupt
Please lend me $ 30. I'm a bit short _________ money.
of
Is there _________________ around here somewhere? ( = a cash machine)
an ATM
PSP
Profit Sharing Plan
We pay through the nose for fresh fruit and vegetables these days.
a) pay high prices
b) pay low prices
c) pay various prices
pay high prices