Developing Skills for English Communication 1

Unit 9: Your Money

Vocabulary

Terms
Definitions
account

noun: an itemized statement of money owed for goods shipped or services rendered (Example: "Send me an account of what I owe")

approve

verb: give sanction to (Example: "I approve of his educational policies")

bounce

verb: move up and down repeatedly

charge verb: impose a task upon, assign a responsibility to (Example: "He charged her with cleaning up all the files over the weekend")
debt noun: money or goods or services owed by one person to another
deduct verb: reason by deduction; establish by deduction
deposit

noun: money given as security for an article acquired for temporary use (Example: "His deposit was refunded when he returned the car")

fee noun: a fixed charge for a privilege or for professional services
financial

adjective: involving financial matters

interest noun: a sense of concern with and curiosity about someone or something (Example: "An interest in music")
loan

noun: the temporary provision of money (usually at interest)

mortgage noun: a conditional conveyance of property as security for the repayment of a loan
verb: put up as security or collateral
penalty noun: the act of punishing
raise verb: move upwards
satisfaction

noun: act of fulfilling a desire or need or appetite (Example: "The satisfaction of their demand for better services")

References