Money & finance
topic-specific vocabulary
61
For
reference, see the
Easier English Dictionary for Students
(978 0 7475 6624 3)
A. Use a dictionary to find the differences between the words and expressions in
bold
in the
following groups.
1. make
a profit
& make
a loss
2.
extravagant
&
frugal / economical
3. a
current account
& a
deposit account
4. a
loan
& a
mortgage
5. to
deposit
money & to
withdraw money
6. a
wage
& a
salary
7.
broke
&
bankrupt
8.
shares, stocks,
and
dividends
9.
income tax
&
excise duty
10. to
credit
& to
debit
11. a
bank
and a
building society
12. a
discount
& a
refund
13. something which was a
bargain
, something
which was
overpriced
and something which
was
exorbitant
14.
worthless
&
priceless
15.
save money
and
invest money
16.
inflation
and
deflation
17.
income
and
expenditure
18. to
lend
and to
borrow
B. Match the sentences in column A with the sentences in column B. Use the words in
bold
to
help you.
Column A
1. The managing director believes the company
should start producing pocket computers.
2. I always put my money in a building society and
not in a bank.
3. I can’t afford to buy a new car right now.
I don’t have enough money.
4. I find Christmas a very expensive time.
5. I came into a lot
of money recently when my
uncle died.
6. Look at this cheque that came in the post this
morning from the Inland Revenue.
7. I’ve been spending too much recently.
8. In my country,
there are a lot of very poor
people and only a few rich ones.
9. I lost my job last month.
10. I retire next month.
11. Prices are rising quickly everywhere.
12. The January sales start tomorrow.
Column B
A. I’m really looking forward to spending my
pension.
B. The
cost of living
seems to go up every day.
C. Of course, it’s
always so difficult to
economise.
D. Shops all over the country are making huge
reductions
on just about everything.
E. I always seem to run up a huge
overdraft
at the
bank.
F.
Of course,
the potential global
market
for them
is enormous.
G. Fortunately I receive
unemployment benefit.
H. There is a very uneven
distribution of wealth.
I.
The
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