Banking Vocabulary
When you take a loan, you lend/borrow money.
Lend
What is insurance?
A service that provides protection against a possible damage
¨A policy holder is a person or company that¨...
owns an insurance policy
If you want to buy house, you can apply for a
Mortgage
Who was the winner of the Superbowl Ad activityin class?
Estrella Galicia wit Mario Casas
I opened a new business/loan account for my boutique in the New International Bank.
Business Account
Name 3 types of insurance
Van (Vehicles)
Employer´s Liability
Professinal Indemity
Health
E-risk
The set of numbers that protects your card is called...
PIN Number
The machine that you withdraw money from is called...
ATM
What Holiday was celebrated on November 25th?
Thanksgiving
A physical location of a banking corporation is called...
A branch
It´s your lucky day! We have a special 10% _____ for people who buy our Insurance Pack today.
Discount
When a business is irresponsible or puts someone in danger they are...
Negligent
Another word for ¨employees¨or people thgat work in a company is.
staff
Name a payment method that is not cash or card
Checks, wire transfers, bitcoin, etc
A company or business that has a bad history of paying its debts, has poor...
Credit rating
As synonym for liability is...
responsability/legal responsability
We have two types of Visa Cards:______ or _____
Debit Card
Credit Card
Name three banks from Spain
Santander, Caixa, Sabadell, etc
What negative aspects could going cashless have on society? Who could be the most affected?
Homeless people and rural areas with no internet. This can leave a part of the population without any payment methods
Before agreeing to any business deal, you must read the _____ and _______ first.
Terms and conditions
¨A hacker has accesed my computers and stolen critical infromation, what insurance do I need?´¨
E-risk insurance
¨Someone stole my credit card´s information and my personal data¨
This crime is called...
Identity Fraud
Martha had an accident at work yesterday, luckily the insurance ____ her medical bills.
Covered
Snopp Dog, Eminem, Dr. Dre