Lesson 2 Finance; Mid term

 0    26 flashcards    karolina323
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Question English Answer English
borrow money ___ a bank
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from
save money _____ a deposit account
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in
invest _____ shares
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in
pay money ______ a current account
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into
withdraw money ____ your account
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from
spend money _____ something
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on
owe money ____ your credit card
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on
apply _____ an overdraft
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for
balance
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a situation in which different things exist in equal, correct or good amounts
bank loan
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a credit from a bank
bank transfer
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sending money online
cash withdrawal at a branch counter
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getting money at the bank
credit card
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buy now and pay later, usually with interests
debit card
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spend your own money, basically fee free
deposit account
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a bank account that pays you interest, in which you usually leave money for a long time
direct debit
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you give a company your account number and sort code, so they can collect money from your current account on a regular basis.
polecenie zapłaty
standing order
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a payment method set up by you, to automatically send a fixed amount of money to another bank account on a regular basis
high street bank
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a bank brunch located on a main street
insurance policy
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a written contract between a person and an insurance company
mortgage
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a loan for a house
online savings account
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savings account where you manage your funds using the internet
overdraft facility
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a permit to spend more then is available in your account, to be repaid later
pay charges
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to pay fees
rental contract
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a contract between an owner and a renter
statement
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a printed record of money paid, received, etc.
store card
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for regular customers to pay for goods later

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