02_Money
1
STUDY PAGES Money Ways of paying You can pay for something by/in cash by cheque (UK) by check (US) by credit card or debit card Cash is money in the form of notes and coins, rather than cheques. When you use a credit card, you arrange to pay at a later time. With a debit card the money is taken from your bank account automatically. Using a bank account A current account (UK) /checking account (US) is a bank account which usually earns little or no interest and which you can take money out of at any time. With a savings/deposit account, you can earn interest on your money. Interest is money charged by a bank to people who have borrowed from them, or the money which you receive from a bank after you have left money with them for a period of time. You can take money out of your bank account by using a cash machine ( UK)/ATM (US). This is a machine in the wall of the bank or other building. You use a cash card ( UK)/ATM card (US) to take out the money. Useful phrases I’d like to pay this cheque into my account and take out £50 in cash. You can withdraw (= take out) or deposit (= put in) money at any time using the machines outside the bank. Could you tell me the balance on (= how much money is in) my account? (UK) I have an overdraft facility of £500 (= I can borrow up to £500) I hate being overdrawn/in the red (= owing money to the bank). Saying whether things are cheap or expensive expensive Train travel in the UK is extortionate (= too high). House prices in London can be prohibitive (= too expensive for people to afford). This car is proving to be very expensive to run. The hotel was great but a little pricey. That supermarket’s a bit dear. The house is great and the rent is reasonable (= not too expensive). The heating system is very economical (= cheap to run). She offered me a fair price for my record collection. I booked my holiday at the last moment, so it was dirt cheap (= it cost very little money). This coat was half-price, a real bargain. The sunglasses are now available in major stores, a snip at £25 a pair. cheap Less than $30 for both of them? What a steal!
-
Upload
iliasmajdi -
Category
Documents
-
view
213 -
download
0
description
ielts
Transcript of 02_Money
S T U D Y PAGES
M o n e y
Ways of payingYou can pay for somethingby/in cash by cheque (UK) by check (US) by credit card or debit cardCash is money in the form of notes and coins, rather than cheques.When you use a credit card, you arrange to pay at a later time.With a debit card the money is taken from your bank account automatically.
Using a bank accountA current account (UK) /checking account (US) is a bank account which usuallyearns little or no interest and which you can take money out of at any time. With asavings/deposit account, you can earn interest on your money.Interest is money charged by a bank to people who have borrowed from them, or themoney which you receive from a bank after you have left money with them for a periodof time.You can take money out of your bank account by using a cash machine (UK)/ATM(US). This is a machine in the wall of the bank or other building. You use a cash card(UK)/ATM card (US) to take out the money.
Useful phrasesI’d like to pay this cheque into my account and take out £50 in cash.You can withdraw (= take out) or deposit (= put in) money at any time using themachines outside the bank.Could you tell me the balance on (= how much money is in) my account?(UK) I have an overdraft facility of £500 (= I can borrow up to £500) Ihate being overdrawn/in the red (= owing money to the bank).
Saying whether things are cheap or expensiveexpensive Train travel in the UK is extortionate (= too high).
House prices in London can be prohibitive (= too expensive for people toafford).This car is proving to be very expensive to run.The hotel was great but a little pricey.That supermarket’s a bit dear.The house is great and the rent is reasonable (= not too expensive).The heating system is very economical (= cheap to run).She offered me a fair price for my record collection.I booked my holiday at the last moment, so it was dirt cheap (= it costvery little money).This coat was half-price, a real bargain.The sunglasses are now available in major stores, a snip at £25 apair.
cheap Less than $30 for both of them? What a steal!
