Business English >> Intermediate Vocabulary >> Financial Terms Definitions

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Intermediate Vocabulary

Financial Terms Definitions - Answer Sheet

1. Carrying it felt like a weight, but finally paying it off was incredibly liberating. 8 (Debt)

2. Every swipe of the card, every exchange of cash - it all counts in the grand scheme of things. 7 (Transaction)

3. I have a special place where I keep part of my earnings; it's not much, but it adds up over time. 6 (Savings Account)

4. It's fascinating how it changes value depending on where you are in the world. 4 (Currency)

5. It's tricky when you spend more than what's in your account; the fees can be quite a surprise! 1 (Overdraft)

6. It felt like a report card, but for my financial history, and it determined a lot. 5 (Credit Score)

7. Owning a home felt like a distant dream until we started paying it off monthly to the bank. 3 (Mortgage)

8. Watching it fluctuate can be stressful, especially when you have a loan tied to it. 2 (Interest Rate)

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