Money Mad (unit 8)

Front

breadline

Back

lowest level of income on which it is possible to live

Front

credit crunch

Back

a bad economic situation in which it becomes difficult to borrow money

Front

in tandem with

Back

at the same time as

Front

devaluation

Back

reduction in the value of a currency compared to another currency

Front

bartering

Back

exchanging goods for other good

Front

currency

Back

money used in a country

Front

bond

Back

a document promising that a government will pay back money it has borrowed, usually with interest

Front

exchange rate

Back

the value of one currency compared to the value of another currency

Front

haggling

Back

arguing over the price of sth before you pay

alkudozás

Front

legal tender

Back

official money

ex Ron, euro