Practice English Vocabulary Exercises – Vocabulary for Banking and Finance: Money

A. Put the correct word in each space.

account        back        banknotes        borrowed

change        coin         currency        earn

lent         note         salary         spend

sum         wages         waste         win

1   In the USA, “quarters” (25 cents) and “dimes” (10 cents) are types of ………………………. .

2   In the United Kingdom, “a tenner” means a ten pound ………………………. .

3   The US dollar, the Yen and the Euro are types of ………………………. .

4   Hundred dollar bills and twenty pound notes are ………………………. .

5   2,000,000 Swiss francs is a large ………………………. of money.

6   I need to ………………………. some Euros into Australian dollars.

7   My friend ………………………. a hundred pounds from me.

8   I ………………………. a hundred pounds to my friend. When she can, she’ll pay me ………………………. .

9   I buy a lottery ticket every week, but I never ………………………. anything.

10   Most dentists ………………………. at least £30,000 a year.

11   ………………………. are paid to employees weekly. ………………………. are paid to employees monthly.

12   In business, you have to ………………………. money to make money.

13   A: Do you have a bank ……………………….?

        B: Yes. I bank with the Bank of Scotland.

14   In my opinion, eating in expensive restaurants is a ………………………. of money.

B. Match the words on the left with the words on the right.

C. Choose the correct word.

1   Spain now uses the euro. Pesetas are no longer ………………………. .

      a   good money       

      b   legal money       

      c   legal tender

2   I bought a TV which doesn’t work. I’ll take it back to the shop to get ………………………. .

      a   my money returned       

      b   a refund       

      c   a repayment

3   In a shop, to get a refund, you usually have to show the ………………………. .

      a   receipt       

      b   recipe       

      c   payment ticket

4   I’m paying for my new car in 36 monthly ………………………. .

      a   instalments       

      b   pieces       

      c   parts

5   I earn a lot of money, but I have a lot of ………………………. .

      a   payouts

      b   expenses   

      c   paying

6   Famous paintings are usually sold by ………………………. .

      a   bid       

      b   highest price       

      c   auction

7   In an auction, the item is sold to the person who makes the highest ………………………. .

      a   bid       

      b   price       

      c   offer

8   In Japan, the US dollar is ………………………. .

      a   foreign money       

      b   strange money       

      c   a foreign currency

9   In Britain, it’s not usual to discuss your personal ………………………. .

      a   money       

      b   finances       

      c   money arrangements

10   You can ………………………. a house and ………………………. a car.

      a   hire / rent       

      b   hire / hire      

      c   rent / rent or hire

11   Here’s the fifty dollars I ………………………. .

      a   owe you       

      b   pay you back       

      c   must return

12   The best things in life are ………………………. .

      a   free       

      b   not for sale       

      c   not bought and sold

D. Find the opposites of these words in the grid.

1   spender / ……………………….

2   borrower / ……………………….

3   winnings / ……………………….

4   losses / ……………………….

5   high prices / ………………………. prices

6   sellers / ……………………….