Vocabulary for IELTS General Training (Band 6-7) - 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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the official currency of Japan, abbreviated as ¥, used for financial transactions and pricing in Japan
paper money issued by a government or financial institution that is used to buy goods and services
a ten-cent coin of Canada and the US
a coin in the U.S. and Canadian currency systems that is worth 25 cents
an entry indicating an increase in assets or an expense, and a decrease in debts or income
money or stake that is risked in the hope of gaining a financial reward
a payment or concession to encourage someone to do something specific
the amount of money that one has kept for future use, especially in a bank
a sum of money that is borrowed from a bank which should be returned with a certain rate of interest
an amount of money or a favor that is owed
a deficit in a bank account caused by withdrawing more money than is available
a sum of money that has to be paid, based on one's income, to the government so it can provide people with different kinds of public services
a bank account that allows frequent deposits and withdrawals, typically using checks, with no prior notice required
money that is lost by a company, organization, or individual
money that a person earns, daily or weekly, in exchange for their work
the condition of lacking enough money or income to afford basic needs like food, clothing, etc.
the additional money we give someone such as a waiter, driver, etc. to thank them for the services they have given us
something that is voluntarily given to someone or an organization to help them, such as money, food, etc.
a tax paid on goods imported or exported
money that a person can get in cash when buying something from a store with their debit card, which is then added to the bill they are paying
a machine that is used in restaurants, stores, etc. to calculate the overall price of something, store the received money, and record each transaction
the process or provision of financial aid for something such as a charity or cause, usually through holding special events
a regular payment made to a retired person by the government or a former employer
a decentralized digital ledger that records transactions across multiple computers securely
a digital or virtual form of currency secured by cryptography
