Level 2
Level 1

Bank


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cash
paper or metal money
bill
paper money (American English)
bank note
paper money (British English)
coin
metal money
debit card
a plastic card which is used to buy things with the money from your bank account
credit card
a plastic card which is used to buy things with money from an issuing bank
check
a document which tells a bank to pay money
bank account
where money is kept in a bank
savings account
a bank account for holding money and gaining interest
checking account
a bank account for using money (American English)
current account
a bank account for using money (British English)
bank transfer
money sent from one bank account to another
transfer
to send money from one bank account to another
debit
money which leaves a bank account
credit
money which comes into a bank account
balance
the current amount of money in an account
ATM
cash/money machine
withdraw
to take cash out of a bank account
deposit
to put money into a bank account
bank statement
a document which shows your bank account history
loan
borrowed money
lend
to loan money
borrow
to get money which you need to give back later
mortgage
a loan for property
equity
the value of a property or business minus money owed
owe
to need to repay borrowed money (e.g. I _____ the bank $1,000)
debt
owed money
interest
a charge for the use of borrowed money
interest rate
the percent of charge for the use of borrowed money
fee
a charge for a service
quarter
1/4 of a financial year
currency
$, €, ¥, etc.
exchange rate
the relative value between two currencies