Currency and Symbols
What is the symbol for the British Pound?
£
What does “to tighten your belt” mean?
Spend less money
True or false: Canada uses dollars.
True
This type of bank account is used to keep money safe and usually earns interest.
Savings account.
What do we call the financial institution that lends money to people and businesses?
Bank
What is the currency used in China?
Yuan
“Money doesn’t grow on ___.”
Trees
Name three countries that use the peso as their currency.
Mexico, Argentina, Chile, Colombia, etc.
What type of loan is used to buy a house?
Mortgage
What do we call coins and paper money together?
Cash
This Scandinavian country uses the currency known as the krona.
Sweden
What does “to break the bank” mean?
To spend too much or go over budget
What is the cryptocurrency Bitcoin often abbreviated as?
BTC
This is the amount of money you take home after taxes and deductions.
Net income.
What’s the word for paper money?
Banknote
This country's currency is called the rand, and its largest banknote features Nelson Mandela.
South Africa
What does “to be in the red” mean?
To owe money
This South American country uses the sol, which replaced the inti in the 1990s.
Peru
What do we call a plan for how to spend money?
Budget
What is the term for the extra amount you pay when borrowing money?
Interest
Which country uses the "baht" as its currency?
Thailand
“To cost an arm and a leg” means...?
Very expensive
Which country was the first to use paper money?
China
What is typically shown on a payslip?
Your salary, tax deductions, and any other deductions like insurance or pension contributions.
What do we call the practice of investing money to generate a return or profit over time?
Investment