Understanding Money Terminology

The video tutorial by Niara covers various English terms and slang related to money. It begins with an introduction to the richness of money-related vocabulary in English, followed by explanations of slang terms like 'readies', 'loose change', and 'hard cash'. The tutorial also discusses electronic cash (ecash), the use of ATMs, and the concept of counterfeit money. Further, it explains petty cash, small denominations like 'singles', 'fivers', and 'teners', and large denominations such as 'grand' and 'k'. The lesson concludes with a summary of the discussed terms.

What is the primary focus of this lesson?

• Science experiments

• Money vocabulary

• Grammar rules

• Historical events

What does the slang term 'readies' refer to?

• Ready cash

• Credit cards

• Digital currency

• Bank loans

How would you describe 'spare or loose change'?

• Bank notes

• Low-value coins

• High-value coins

• Digital currency

What is 'hard cash'?

• Bank checks

• Electronic money

• Credit cards

• Bank notes and coins

What is 'ecash' used for?

• Stock market

• Barter trade

• Online transactions

• Physical transactions

What does the slang 'hole in the wall' refer to?

• An ATM

• A bank vault

• A secret passage

• A digital wallet

What is 'counterfeit' money?

• Digital currency

• Fake money

• Foreign currency

• Real money

What is 'petty cash' used for?

• Daily expenses

• Large investments

• Online shopping

• Travel expenses

What does 'singles' refer to?

• $10 bills

• $5 bills

• $1 bills

• $100 bills

What does 'grand' mean in money terms?

• 10,000

• 1,000

• 100,000

• 100