English for Tax Administration 2 Lecturer: Miljen Matijašević G10, room 6/I, Tue 11:30-12:30 e-mail: miljen.matijasevic@gmail.com Session 2, 18 Mar 2014

Today’s session Revision of the last session Money and Personal Finance

Revision of the last session Saying numbers

Saying numbers - exercise Write out these numbers in full: 345,892 0.199 €1,548,756.89 132,259 4,984.6518 75.975 %

Money and Personal Finance

Four English words for ‘račun’ account bill receipt \riˈsi:t\ invoice

Four English words for ‘račun’ account (račun u banci) bill (račun koji treba platiti) receipt (potvrda o plaćanju) invoice (faktura)

+ - The Bank Account credit an account pay/deposit money into an account be in the black NOUNS: deposit, credit debit an account (with)draw/take out money from an account be in the red (account overdrawn) NOUNS: withdrawal, debit + -

The Bank Account current account savings account foreign currency account business account / giro account a term deposit overdrawn frozen Additional account vocab: account balance bank statement Types of account An account can be:

The Bank Account overdrawn – in the red (account) balance – funds available in the account Bank statement – a statement showing all the credit and debit transactions and the balance

Means of payment cash cashpoint, a.k.a. (bank)notes/bills (US) coins, change debit/charge card (e.g. Maestro) credit card cheque funds/money transfer Apart from a bank, you can get cash from a: cashpoint, a.k.a. cash machine ATM (automated teller machine)”

Prepositions – add where necessary PAY cash credit card one’s own money the bill drinks the waiter tax the dinner a salary into an account tuition

Prepositions - answers PAY (IN) cash BY credit card WITH one’s own money the bill FOR drinks the waiter tax FOR the dinner a salary into an account tuition

credit – payment – cheque – account – balance – debit cash deposit – debit card – transactions Jane Sadler opened her ............. with the Medway Bank on 28 January 2003, with a cash ............. of £300. On 15 February she wrote a ............. for £53.25 and this appeared as a ............. on the bank statement on 20 February. On 22 February she took out £60 in ............. from a cashpoint machine. On the following day the bank debited her account by £33.50 for a ............. she had made using her ............. . Her monthly salary was paid directly into her account and this appeared as a ............. for £802.20 on 26 February. There were no further ............. on her account and she finished the month with a ............. of £955.45.

credit – payment – cheque – account – balance – debit cash deposit – debit card – transactions Jane Sadler opened her ACCOUNT with the Medway Bank on 28 January 2003, with a cash DEPOSIT of £300. On 15 February she wrote a CHEQUE for £53.25 and this appeared as a DEBIT on the bank statement on 20 February. On 22 February she took out £60 in CASH from a cashpoint machine. On the following day the bank debited her account by £33.50 for a PAYMENT she had made using her DEBIT CARD. Her monthly salary was paid directly into her account and this appeared as a CREDIT for £802.20 on 26 February. There were no further TRANSACTIONS on her account and she finished the month with a BALANCE of £955.45.

Revision What does it mean to lend, owe and raise money? Chase the intruder: credit, debit, deposit, pay into. Do the following mean the same: your account is overdrawn / your account is in the black? Make sentences with the words: credit, draw, bank statement, pay into, withdrawal, balance

Revision What is an ATM and what is it used for? What is a bank statement? What does it show? What means of payment do you know? Illustrate four different ways to use the verb TO PAY with an object (with/without prepositions).

Thank you for your attention!