Money Vocabulary
Here are twenty words and terms often used in talking about money.
1 | A.T.M. | abbr. Automated Teller Machine; cash dispenserUK |
2 | banknote | n: a piece of paper money; billUS |
3 | billUS | n. a banknote; a piece of paper money |
4 | black market | n. illegal traffic in officially controlled commodities such as foreign currency |
5 | bureau de change | n. establishment where currencies of different countries may be exchanged |
6 | cash | n. 1 coins or bank notes (not cheques); 2 actual money paid as opposed to credit |
7 | cash dispenserUK | n: automatic machine from which clients of a bank may withdraw money; ATM |
8 | cashier | n. person dealing with cash transactions in a bank, store etc |
9 | coin | n: a piece of metal money |
10 | currency | n. the money in general use or circulation in any country |
11 | debt | n. money etc owed by one person to another |
12 | exchange rate | n. the rate at which one currency can be exchanged for another |
13 | foreign exchange | n: the currency of other countries |
14 | hard currency | n. currency that will probably not fall in value and is readily accepted |
15 | invest | v. to put money for profit into business, land etc - investment n. |
16 | legal tender | n: currency that cannot legally be refused in payment of a debt |
17 | petty cashUK | n. a cash fund for small, everyday expenses |
18 | soft currency | n. currency that will probably fall in value and is not readily accepted |
19 | speculate | v. (risky) buying of foreign currency, land etc for rapid gain - speculation n. |
20 | transaction | n. a (usually commercial) exchange; a deal - to transact v. |