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English File - Advanced - Lesson 5B

Here you will find the vocabulary from Lesson 5B in the English File Advanced coursebook, such as "deposit", "budget", "inflation", etc.

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English File - Advanced
money

something that we use to buy and sell goods and services, can be in the form of coins or paper bills

[noun]
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Definition & Meaning of \"money\"
money does not grow on trees

used to imply that money is not easily obtained or available, and one should not waste it unnecessarily

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Definition & Meaning of \"money does not grow on trees\"
tight-fisted

spending or giving money reluctantly

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an arm and (a) leg

a large sum of money

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Definition & Meaning of \"an arm and (a|) leg\"
to make (both) ends meet

to make enough money to pay for one's basic needs

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Definition & Meaning of \"to [make] (both|) ends meet\"
in the red

in debt due to spending more than one's earnings

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Definition & Meaning of \"(in|into) the red\"
in the black

used to refer to something, particularly a bank account, that is providing one with a considerable amount of profit

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Definition & Meaning of \"in the black\"
rip-off

something that costs a lot more than its real value

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Definition & Meaning of \"rip-off\"
to tighten one's belt

to lessen the amount of money or resources one uses compared to before, particularly due to having less available

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Definition & Meaning of \"to [tighten] {one's} belt\"
to live beyond one's means

to spend in a way that exceeds one's income

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budget

the sum of money that is available to a person, an organization, etc. for a particular purpose and the plan according to which it will be spent

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deposit

a sum of money that is paid before paying a total amount, particularly when buying something that is expensive

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Definition & Meaning of \"deposit\"
donation

something that is voluntarily given to someone or an organization to help them, such as money, food, etc.

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Definition & Meaning of \"donation\"
fare

the amount of money we pay to travel with a bus, taxi, plane, etc.

[noun]
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Definition & Meaning of \"fare\"
fee

the money that is paid to a professional or an organization for their services

[noun]
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fine

an amount of money that must be paid as a legal punishment

[noun]
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Definition & Meaning of \"fine\"
grant

an amount of money given by the government or another organization for a specific purpose

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loan

a sum of money that is borrowed from a bank which should be returned with a certain rate of interest

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Definition & Meaning of \"loan\"
lump sum

a single, large payment made in full, instead of smaller payments made over time

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Definition & Meaning of \"lump sum\"
quote

(plural) another way of saying quotation marks

[noun]
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will

a person's intention or desire, especially one that is strong or persistent

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Definition & Meaning of \"will\"
society

people in general, considered as an extensive and organized group sharing the same laws

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Definition & Meaning of \"society\"
consumer

someone who buys and uses services or goods

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Definition & Meaning of \"consumer\"
standard of living

the level of wealth, welfare, comfort, and necessities available to an individual, group, country, etc.

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Definition & Meaning of \"standard of living\"
income

the money that is regularly earned from a job or through an investment

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Definition & Meaning of \"income\"
inflation

the ongoing increase in the general price level of goods and services in an economy over a period of time

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Definition & Meaning of \"inflation\"
cost of living

the amount of money required to maintain basic needs and expenses in a particular place or location

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Definition & Meaning of \"cost of living\"
to afford

to be able to pay the cost of something

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Definition & Meaning of \"to afford\"
to manage

to control or handle something in a skillful or effective way

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account

an arrangement according to which a bank keeps and protects someone's money that can be taken out or added to

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Definition & Meaning of \"account\"
balance

the number showing the difference between the debit and credit sums of an account

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Definition & Meaning of \"balance\"
transfer

the act of moving someone or something from one place, person, or situation to another

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Definition & Meaning of \"transfer\"
payment

an amount of money that is paid for something

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Definition & Meaning of \"payment\"
interest rate

the amount that a lender charges a borrower for the use of money, typically calculated based on the amount of the loan and the length of the borrowing period

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Definition & Meaning of \"interest rate\"
debt

an amount of money or a favor that is owed

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Definition & Meaning of \"debt\"
mortgage

an official contract or arrangement by which a bank gives money to someone as a loan to buy a house and the person agrees to repay the loan over a specified period, usually with interest

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share

the act of dividing or distributing something among a group of people

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Definition & Meaning of \"share\"
stock market

the business of trading and exchanging shares of different companies

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currency

the type or system of money that is used by a country

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Definition & Meaning of \"currency\"
exchange rate

the value of a country's currency compared to another country's currency

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bankrupt

(of organizations or people) legally declared as unable to pay their debts to creditors

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Definition & Meaning of \"bankrupt\"
recession

a hard time in a country's economy characterized by a reduction in employment, production, and trade

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Definition & Meaning of \"recession\"
rich

owning a great amount of money or things that cost a lot

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Definition & Meaning of \"rich\"
affluent

possessing a great amount of riches and material goods

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Definition & Meaning of \"affluent\"
loaded

having a lot of money or financial resources

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Definition & Meaning of \"loaded\"
wealthy

having a large amount of money or valuable possessions

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Definition & Meaning of \"wealthy\"
well-off

having enough money to cover one's expenses and maintain a desirable lifestyle

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Definition & Meaning of \"well-off\"
poor

owning a very small amount of money or a very small number of things

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Definition & Meaning of \"poor\"
broke

having little or no financial resources

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hard up

experiencing financial difficulties, often lacking money to cover basic expenses

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Definition & Meaning of \"hard up\"
penniless

having no money or financial resources

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grand

a thousand units of a currency

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buck

one dollar

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quid

the currency of the United Kingdom, equivalent to one hundred pence

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Definition & Meaning of \"quid\"
fiver

a piece of paper money worth five dollars that you can use to buy things

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tenner

a banknote with a value of ten units of a currency, typically ten pounds or ten dollars

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Definition & Meaning of \"tenner\"
installment

a part of a larger sum of money that is paid in a scheduled series of payments over a specified period of time

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Definition & Meaning of \"installment\"
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