Vocabulary for IELTS General Training (Band 5) - Finance and Currency

Here, you will learn some English words related to Finance and Currency that are necessary for the General Training IELTS exam.

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Vocabulary for IELTS General Training (Band 5)
currency [noun]

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

Ex: Using a stable currency is crucial for maintaining economic stability .
cash [noun]

money in bills or coins, rather than checks, credit, etc.

Ex: She paid for the groceries in cash .
coin [noun]

a piece of metal, typically round and flat, used as money, issued by governments

Ex: Each country has its own unique designs on their coins , reflecting its culture and history .
dollar [noun]

the unit of money in the US, Canada, Australia and several other countries, equal to 100 cents

Ex: The concert tickets were eighty dollars each .
pound [noun]

the currency of the UK and some other countries that is equal to 100 pence

Ex: The meal cost us twenty-five pounds each .
euro [noun]

the money that most countries in Europe use

Ex: The entrance to the amusement park is six euros for children .
cent [noun]

a unit of money in some countries, equal to one hundredth of a dollar or euro

Ex: The candy costs fifty cents at the corner store .
penny [noun]

a unit of currency or coin used in several countries, equal to one hundredth of a dollar or pound

Ex: I picked up a penny off the ground .
credit [noun]

the ability to obtain goods, services, or funds based on trust, allowing payment to be deferred

Ex: Banks provide credit to borrowers who meet certain requirements .

a plastic card, usually given to us by a bank, that we use to pay for goods and services

Ex: I use my credit card mostly for online purchases .
deposit [noun]

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

Ex: She placed a deposit on the new smartphone to reserve it until the official release date .
wallet [noun]

a pocket-sized, folding case that is used for storing paper money, coin money, credit cards, etc.

Ex: His wallet was stolen , so he had to cancel his credit cards .
check [noun]

‌a printed form that we can write an amount of money on, sign, and use instead of money to pay for things

Ex:
wealth [noun]

abundance of money, property or valuable possessions

a machine that allows customers to perform financial transactions such as withdrawals, deposits, transfers, etc.

Ex:
Vocabulary for IELTS General Training (Band 5)
Size and Scale Dimensions Weight and Steadiness Increase in Amount
Decrease in Amount High Intensity Low Intensity Space and Area
Shapes Speed Significance Influence and Strength
Uniqueness Complexity Value Quality
Challenges Wealth and Success Poverty and Failure Appearance
Age Body Shape Wellness Textures
Intelligence Positive Human Traits Negative Human Traits Moral Traits
Emotional Responses Emotional States Social Behaviours Tastes and Smells
Sounds Temperature Probability Relational Actions
Body Language and Gestures Postures and Positions Opinions Thoughts and Decisions
Knowledge and Information Encouragement and Discouragement Request and Suggestion Regret and Sadness
Respect and Approval Attempt and Prevention Touching and Holding Physical Actions and Reactions
Movements Commanding and Giving Permissions Engaging in Verbal Communication Understanding and Learning
Perceiving The Senses Resting and Relaxing Eating and Drinking Changing and Forming
Creating and Producing Organising and Collecting Preparing Food Hobbies and Routines
Shopping Finance and Currency Office Life Specialised Careers
Manual Labour Careers Service and Support Careers Creative and Artistic Careers House
Human Body Health Sports Sports Competitions
Transportation Society and Social Events City Parts Friendship and Enmity
Romantic Relationships Positive Emotions Negative Emotions Family
Animals Weather Food and Drinks Travel and Tourism
Pollution Migration Disasters Materials
Adverbs of Manner Adverbs of Comment Adverbs of Certainty Adverbs of Frequency
Adverbs of Time Adverbs of Place Adverbs of Degree Adverbs of Emphasis
Adverbs of Purpose and Intention Conjunctive Adverbs