1. Account Number Is your unique reference number in a bank?

2. Arrears Not paid bills on time

3. ATM (Automated Teller Machine) Is a machine which pays out cash.

4. Balance Is the amount you have in your account at a particular time

5. Bank A place where people keep their money

6. Bank Note A piece of paper money

7. Bank Statement A list of all the amounts paid into and out of a bank account

8. Bankrupt Person or a company that cannot pay their debts

9. Bills Need paying

10. Borrow To get money from someone to use now, with an agreement to pay it back later.

11. Budget Is a financial plan how you spend your money

12. Building Society/Bank Is somewhere you can keep your money, savings and give you loans

13. Calculate Work out

14. Cash Money

15. Currency International Money

16. Current Account Is a bank account which allows you to deposit (put in) and withdraw (take out) money by cash, cheque, standing order or direct debit

17. Credit Means you have money in your account to spend

18. Citizens Advice Bureau Is an organization where you can go for advice about money problems

19. Coins A piece of money in the form of a metal disc

20. Credit Card Is a plastic card given by a bank or building society which allows you to buy things and pay for them later

21. Debt An amount of money you owe

22. Deposit Is when you put money in

23. Direct Debit Is payments (money) taken out of your account, usually once a month

24. Debit Card Is a plastic card which is used instead of cash when buying something

25. Expenditure Amount of money that a person spends

26. Expenses Costs

27. Fundraising Raising money for something

28. Fraud You gain money by tricking someone

29. Gross Income What you earn before paying tax, insurance and pensions

30. Income Is the word for the money you earn

31. Income Tax Part of your wages that is paid to the government to help them run the country

32. Interest Is a reward you get for keeping money in the bank

33. Invoice Proof of purchase/charge

34. Loan An amount of money you borrow

35. Money Lets us buy things we want

36. Manage Know how much money you have got, what’s going in and what’s going out

37. Overdraft Is something a bank will let you have on your account, so you can spend more that you have

38. Opening Balance How much you have started with at the beginning of the month

39. Online Banking You can manage your bank account over the internet

40. Parents People who taught you about money

41. Personal Finances Managing your own money

42. Pocket Money Spending money parents give to their children

43. Poor Does not have much money

44. Profit The money left over after you pay your bills

45. Purchase Buy goods

46. Receipt A piece of paper acknowledging that money or goods have been received.

47. Risks Danger if you do not plan your budget carefully

48. Savings Money

49. Savings Account A bank account where money is kept so that it can grow

50. Statement Record of your payments and withdrawals from your account

51. Sort Code Is a number printed on your cheques

52. Shopping Buy something

53. Spend To use money to buy things

54. Taxes Money the government take off you

55. Transaction Business deal

56. Utility Bills Gas, Electricity, Water, Phone

57. Valuable Worth a lot of money

58. Wages Money you have earned from doing a job

59. Withdrawal When you take money out of your account

60. Work To do a job