Money Vocabulary

An agreement with your bank that allows you to spend money when there's no money in your account:

• ATM/cashpoint

• overdraft

• bank charges/fees

• interest

A bank account that you use to keep and save money

• get into debt

• savings account

• bill

• interest

To give money to somebody for a period of time, after which they give it back

• give somebody a loan

• withdraw money

• interest

• bill

amount of money you have to pay a bank for the services that they give you

• interest

• current account

• bank charges/fees

• overdraft

a bank account that you can take money out of when you want

• current account

• cashpoint

• get into debt

• bill

take money from a bank account

• barter

• withdraw money

• bill

• debt

money you get from a bank for keeping your money there, or money that you pay to a bank when you borrow money from them

• withdraw money

• barter

• current account

• interest

a written statement saying how much money you owe for goods or services you have received

• interest

• get into debt

• coin

• bill

machine that gives you money when you put a bank card in it

• withdraw money

• cash

• ATM/cashpoint

• lend money

start to owe money

• bill

• get into debt

• ATM

• cheque