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debt
2-
grant
3-
loan
4-
prize
5-
scholarship
6-
to pay back
7-
fee
8-
to take part
debt
debt
noun
d
d
e
ɛ
b
t
t
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an amount of money or a favor that is owed

example
Example
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After years of diligent saving, he finally managed to pay off his student debt.
They were struggling under the weight of mounting debt and needed to seek financial advice.
grant
grant
noun
g
g
r
r
a
æ
n
n
t
t

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

What is a "grant"?

A grant is a sum of money provided by an organization, government, or foundation to support a specific purpose or project. Grants are typically given to individuals, organizations, or institutions that meet certain criteria, and they do not need to be repaid. They can be awarded for a variety of reasons, such as funding research, supporting education, or assisting with community development. Grants are often based on need, merit, or specific goals that align with the goals of the granting organization.

loan
loan
noun
l
l
oa
n
n

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

prize
prize
noun
p
p
r
r
i
z
z
e

anything that is given as a reward to someone who has done very good work or to the winner of a contest, game of chance, etc.

scholarship
scholarship
noun
s
s
ch
k
o
ɑ
l
l
a
ɜ
r
r
sh
ʃ
i
ɪ
p
p

a sum of money given by an educational institution to someone with great ability in order to financially support their education

What is a "scholarship"?

A scholarship is a financial award given to a student to help pay for their education. Scholarships are typically based on criteria such as academic achievement, financial need, athletic ability, or other talents or characteristics. Unlike loans, scholarships do not have to be repaid. They can cover a variety of educational expenses, including tuition, books, and other fees. Scholarships are offered by schools, government agencies, private organizations, or foundations and can help make education more accessible to students by easing the financial burden.

to pay back
to pay back
Verb
uk flag
/pˈeɪ bˈæk/

to return an amount of money that was borrowed

Grammatical Information:

transitive
Phrasal Status
separable
phrase's verb
pay
phrase's particle
back
fee
fee
noun
f
f
ee
i

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

to [take] part
to take part
phrase
uk flag
/teɪk ˈpɑrt/
Collocation

to participate in something, such as an event or activity

Congratulations! !

You learned 8 words from Total English Pre-Intermediate - Unit 12 - Lesson 2. To improve learning and review vocabulary, start practicing.

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