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Face2face - Upper-intermediate - Unit 8 - 8A

Here you will find the vocabulary from Unit 8 - 8A in the Face2Face Upper-Intermediate coursebook, such as "loan", "overdraw", "interest rate", etc.

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Face2face - Upper-intermediate
to invest

to buy houses, shares, lands, etc. with the hope of gaining a profit

[Verb]
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to spend on

to use money in exchange for the purchase of a specific item or the utilization of a particular service

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to be in credit by number

to have more money in one's account than what one owes or what was initially invested

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to overdraw

to withdraw more money from a bank account than is available

[Verb]
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debt

an amount of money or a favor that is owed

[noun]
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on credit

(of a purchase) in a way that is received immediately but paid at a later date

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to pay cash

to give money in the form of physical currency or coins as payment for something

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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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to repay

to give back the money that was borrowed or owed

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credit rating

a number that represents how reliable a person or company is when it comes to paying back loans, based on their past financial activity

[noun]
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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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current account

a bank account that allows frequent deposits and withdrawals, typically using checks, with no prior notice required

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savings account

a bank account that pays interest on one's deposited money and is intended to help one save over time

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well-off

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

[Adjective]
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short

lacking a sufficient amount of something in general

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