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General Training IELTS (Band 5 and Below) - 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 General Training IELTS (5)
currency

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

[noun]
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cash

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

[noun]
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coin

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

[noun]
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dollar

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

[noun]
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pound

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

[noun]
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euro

the money that most countries in Europe use

[noun]
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cent

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

[noun]
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penny

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

[noun]
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credit

the amount of money that a bank or credit card company lends to a client, often with the expectation of repayment with interest

[noun]
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credit card

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

[noun]
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deposit

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

[noun]
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wallet

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

[noun]
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check

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

[noun]
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wealth

abundance of money, property or valuable possessions

[noun]
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automated teller machine

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

[noun]
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