Total English - Pre-intermediate - Unit 12 - Lesson 2

Here you will find the vocabulary from Unit 12 - Lesson 2 in the Total English Pre-Intermediate coursebook, such as "grant", "take part", "scholarship", etc.

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Total English - Pre-intermediate
debt [noun]

an amount of money or a favor that is owed

Ex: She felt a deep sense of debt to her mentor , who had guided her throughout her career .
grant [noun]

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

Ex: The nonprofit organization was awarded a grant to expand its community outreach programs .
loan [noun]

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

Ex: The bank offers different types of loans , including personal , auto , and home loans .
prize [noun]

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.

Ex: The grand prize for the raffle was a luxury vacation package to a tropical island .

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

Ex: The scholarship helped her pay for tuition , books , and housing while she completed her degree .

to return an amount of money that was borrowed

Ex: The company agreed to pay back the investment over a period of five years .
fee [noun]

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

Ex: The gym membership fee is due at the beginning of each month .

to participate in something, such as an event or activity

Ex: Students are encouraged to take part in extracurricular activities to enrich their school experience .