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Summary Business vocabulary in use
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Words of the book business vocabulary in use chapter 35 tm 66. These are for the examination of English 2. All words with English explanation.
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Business Vocabulary h1 t/m 34
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H35 account An arrangement with the bank to keep your money therebranch individual that is part of a large organization
bank an organization where people an businesses, can keep, invest and
borrow money
current account bank account you can take money from at any time
joint account an account that is shared by two or more people
in the black company or organization that has made profit
be in the red when you owe money to the bank
overdraft agreement with the bank to take more money than you have
charge to ask an amount of money for something
go overdrawn take more money than you have
interest money that is charge by bank for lending money
interest rate percentage for borrowing money
deposit account a bank account where you pay interest
savings account a bank account where you earn interest when you keep your money
there
credit card card that can be used for buying goods or services and than pay for
them at a later time
plastic credit cards or other bankcards
pay off if something you have done is successful
mortgage an agreement to borrow money from a bank to buy a house or
property
building society an organization that provides mortgages
credit crunch when banks are more hesistant to lend money to people
negative equity a situation in which a house has become less valuable than the
amount that is owed to the bank
internet banking managing bank account over the internet
account balance the amount of money that someone has in a bank account
transaction a payment
personal loan money that you borrow from a bank for your personal
call centre an office in which employees provide phone support
unit trust a company that invests money in stocks and shares of many
different businesses
investment company a company that invests its capital in bonds, shares etc.
small investor someone who invest small amounts
isa individual saving account
financial product product that is connect with the way in which you manage and use
your money
saver someone who saves money in the bank
life insurance an insurance that pays out when someone dies
pay out a large amount of money that is paid to someone
insurance policy an official agreement between an insurance company and a person
contribution money you pay from your loan into a private pension to receive it
when you are pensionaded
private pension a pension that you organize for your self with an insurance
retirement the fact of leaving your job and stopping working, usually because
you reach a particular age
company pension scheme system for paying money towards a pension arranged by your
employer
state pension a regular income paid by the government
windfall money that you receive unexpectedly
pension fund money that is collected from regular payment made by people who
work
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