Basic Money Vocabulary
Definition: Money made of paper, not coins
Bank notes
It costs an arm and a leg
This idiom means “very expensive."
To save money for something in the future
save up (for) OR set aside
What does someone say when they have no money
The basic unit of American money is called a ______.
U.S. Dollar
Definition: Money you keep and don’t spend
savings
Time is money.
This idiom means “time is valuable.”
To return money that you borrowed
pay back
If someone says something is "bougie", what do they mean?
Refers to something fancy or expensive
George Washington, First President of the USA
Definition: A piece of paper you receive after a purchase that summarizes the items your purchased and their prices
receipt
Money doesn't grow on trees
This idiom means “money is limited.”
To give money to a friend or family member for a certain period of time (they will pay you the money back at another time)
to lend to
"Bread" and "bag" both refer to what?
"easy money" or a way of refering to cash that was easily obtained
Americans often say “bucks” instead of this word.
Dollars/Cash/Bills
Definition: the value of one country's currency in relation to another's, essentially the price at which one currency can be exchanged for another
an exchange rate
Break the bank.
This idiom means “to spend too much money.”
Taking a loan (asking for money) from a lender with the agreement to repay the principal amount over a set period
to borrow from
What does it mean when someone flexes on someone else?
This phrase means “to show off your money or expensive things.”
The coin worth 25 cents is called a __________.
Quarter
Definition: a person who buys and sells securities on a stock exchange on behalf of clients
stockbroker
...in the red.
This idiom means something is "losing money".
to receive money or property from a person after they have died
to inherit (money)
What is a "side hustle"?
Americans celebrate this day every November where people shop for big discounts after Thanksgiving.
Black Friday