| A.T.M. |
abbr. Automated Teller Machine; cash dispenserUK |
| You didn't leave your credit card in the ATM again, did you? |
| banknote |
n. a piece of paper money; billUS |
| They've got some old $5,000 banknotes in the museum if you want to see one. |
| billUS |
n. a banknote; a piece of paper money |
| Can you change this twenty-dollar bill for a ten-dollar bill and two fives? |
| black market |
n. illegal traffic in officially controlled commodities such as foreign currency |
| If you change money on the black market you'll get a better exchange rate, but it's riskier. |
| bureau de change |
n. a business where currencies of different countries may be exchanged - also currency exchangeUS |
| Don't use the bureau de change at the airport. The exchange rate's terrible. |
| cash |
n. 1 coins or bank notes (not cheques); 2 actual money paid (not credit) |
| You can pay by cash, credit card or smartphone. |
| cash dispenserUK |
n. automatic machine from which clients of a bank may withdraw money; ATM |
| Is there another cash dispenser nearby? This one's out of service. |
| cashier |
n. person dealing with cash transactions in a bank, store etc |
| Please pay the cashier at the counter over there. |
| coin |
n. a piece of metal money |
| My dad collected old coins when he was a kid. |
| currency |
n. the money in use or circulation in a particular country |
| Eurozone countries had their own currencies before they switched to the Euro. |
| debt |
n. money that's owed by one person to another |
| Jenny's father is selling the family home to pay off his gambling debts. |
| exchange rate |
n. the rate at which one currency can be exchanged for another - also rate of exchange n. |
| Would you mind checking today's official exchange rate on one of those currency websites? |
| foreign exchange |
n. the currency of other countries |
| The tourism industry is the country's main source of foreign exchange. |
| hard currency |
n. currency that will probably not fall in value and is readily accepted |
| The government gets hard currency from oil exports, then uses it when buying weapons. |
| inflation |
n. a general increase in prices as a country's currency loses value |
| If your bank's interest rates are lower than the rate of inflation, your savings will be worth less over time. |
| interest |
n. money that a lender or bank depositor is paid for the use of their money, often at an agreed monthly or yearly rate |
| You get more interest from a fixed-term account, but you'll lose the interest if you take money out before the term's up. |
| invest |
v. put money into a business, buy shares or land, etc in order to make a profit investment n. |
| I'll invest half my savings in the stock market, and put the rest into low-risk government bonds. |
| legal tender |
n. currency that cannot legally be refused in payment of a debt |
| Printed banknotes have only been legal tender in Britain for a couple of hundred years. |
| petty cashUK |
n. a cash fund for small, everyday expenses |
| If we need some milk or whatever, get the money from petty cash. |
| soft currency |
n. currency that will probably fall in value and is not readily accepted |
| If you're exporting, stipulate payment in a hard currency like the Euro or you might get a soft currency instead. |
| speculate |
v. to make high-risk investments in business, foreign currency, land etc in the hope of quick profits - speculation n. |
| Hedge funds use investors' money to speculate in the stock market. |
| transaction |
n. a (usually commercial) exchange; any deal involving a buyer and a seller - to transact v. |
| Selling a house is a complex transaction, so you'll need a real estate lawyer to do the legal work. |