| balance |
n. the difference between credits and debits in an account |
| If you put money in your bank account, does the balance go up or down? |
| bank charges |
n. money paid to a bank for the bank's services etc |
| If I withdraw money from an ATM machine, I have to pay $2.50 in bank charges. |
| branch |
n. local office or bureau of a bank that customers can visit |
| Is there a branch of the National Bank near here? |
| checkbookUS |
n. book containing detachable checks; chequebookUK |
| If I had my checkbook, I'd pay by writing you a check. |
| checkUS |
n. written order to a bank to pay the stated sum from one's account; chequeUK |
| They promised to send me a check, but I didn't get it. |
| credit |
n. money in a bank a/c; sum added to a bank a/c; money lent by a bank - also v. |
| The bank gives her just enough credit to pay her bills. |
| credit card |
n. (plastic) card from a bank authorising the purchasing of goods on credit |
| When Kim realized she'd left her credit card in the ATM machine, she ran back to get it. |
| current account |
n. bank a/c from which money may be drawn at any time; checking accountUS |
| Current accounts are good for day-to-day purchases, but you don't get much interest. |
| debit |
n. a sum deducted from a bank account, as for a cheque - also v. |
| What was this debit in last month's expense account for? |
| deposit account |
n. bank a/c on which interest is paid; savings accountUS |
| What interest rate are you getting for your deposit account? |
| fill inUK |
v. to add written information to a document to make it complete; to fill outUS |
| Please fill in this application form before seeing the loans officer. |
| interest |
n. money paid for the use of money lent - interest rate n. |
| Why aren't banks paying as much interest as they used to? |
| loan |
n. money lent by a bank etc and that must be repaid with interest - also v. |
| You'll have to get a housing loan before buying a property. |
| online banking |
n. the management of a bank account over the internet - also e-banking |
| Grandma does her own online banking, from paying bills to checking her balance. |
| overdraft |
n. deficit in a bank account caused by withdrawing more money than is paid in |
| If there isn't enough in my account for a purchase, I get an automatic overdraft. |
| pay in |
v. [paid, paid] to deposit or put money in to a bank account |
| My salary gets paid in every month, and then I withdraw it as needed. |
| payee |
n. person to whom money is paid |
| When writing a check, make sure you spell the name of the payee correctly. |
| paying-in slip |
n. small document recording money that you pay in to a bank account |
| Do you keep all your paying-in slips? |
| standing order |
n. an instruction to a bank to make regular payments |
| Ask your bank if they'll pay the rent by standing order for you. |
| statement |
n. a record of transactions in a bank account |
| I do all my banking online now, so I don't get statements in the mail. |
| withdraw |
v. [-drew, -drawn] to take money out of a bank account - withdrawal n. |
| Before ATM machines, we took our passbooks to a bank to withdraw money. |