1. MONEY VOCABULARY & IDIOMS

3. MONEY VOCABULARY
Account - n. a record of money a person deposits into a bank
ATM - n. Automatic Teller Machine / cashpoint / cash machine / hole in the wall (coll.)
Balance - n. the difference between credits and debits in an account
Bank - n. a building in which commercial banking is transacted
Bank charges - n. money paid to a bank for the bank's services etc.
Barter - v. to trade without using money.
Borrow - v. to ask for the temporary use of money on the condition of repayment and at a set rate of interest.
Branch - n. local office or bureau of a bank
Cashflow - n. cash earnings minus cash outflows for fixed- and working-capital investment.
Cashier - n. an employee of a bank or building society who receives and pays out money.
Chequebook - n. book containing detachable cheques

4. Cashflow - n. cash earnings minus cash outflows for fixed- and working-capital investment
Current account - n. bank a/c from which money may be drawn at any time; checking account US
Debt - n. the state of owing something (especially money).
Denomination - n. a number that expresses the value of a coin or bill.  A five pound note and a ten pound note represent two denominations.
Foreign exchange - n. used to describe the currency of other countries and the system for dealing in such currency (often shortened to Forex).
Interest - n. money paid for borrowing money, or money that a bank or building society pays a customer for putting money into their bank
Interest rate - n. the percentage of an amount of money which is paid for the use of that money over a period of time.
Lend - v. to give the temporary use of money on the condition of repayment and at a set rate of interest.
Loan - n. money lent by a bank etc and that must be repaid with interest - also v.

5. Mortgage - n. most of us do not buy our homes outright for cash - instead we borrow money to do so
Overdraft - n. deficit in a bank account caused by withdrawing more money than is paid in
Pension - n. A regular payment made during a person's retirement (when they become too old to work) from an investment fund to which that person or their employer has contributed.
Salary - n. A fixed regular payment, typically paid on a monthly or biweekly basis made by an employer to an employee.
Standing order - n. an instruction to a bank to make regular payments
Withdraw - v. to take money out of a bank account
Withdrawal - n. the act of taking out money.

6. WHAT ARE IDIOMS?
expressions which have a meaning that is not obvious from the individual words
fixed in their form and cannot be changed or varied
the best way to understand an idiom is to see it in context or look them up in a dictionary

7. MONEY TALKS
means that people with a lot of money have power and influence / money can influence what is done or how it is done
said about people and organizations that are rich, and can therefore get or do what they want
Example:
He was a fool to take the job, but money 
talks, so of course he took it.
I can't compete against rich old Mr. Jones. He'll get her way because money talks.

9. TO BE BACK ON ONE’S FEET
recover from anything, especially financial problems
Example:
My sister is back on her feet after losing her job last year. 

10. BET YOUR BOTTOM DOLLAR
if you bet your bottom dollar on something, you are absolutely certain of it
Of course! / Sure thing!
Example:
Jack is very punctual.  You can bet your bottom dollar he'll be here at 9 o'clock on the dot.

11. BUY (something) FOR A SONG
to buy something cheaply
Example:
I was able to buy my first house for a song. 

12. BURN YOUR FINGERS
to suffer financially as a result of an action or foolish behaviour (especially loss of money), so you are not keen to try the same thing again
Example:
If you get involved in the controversy, you 
may burn your fingers.

13. TO BE CAUGHT SHORT
to suddenly find you are not prepared for a situation, especially to be without or not have enough money when you need it
Example:
I was caught short and had to borrow some money from my father last week.

14. COST AN ARM AND A LEG
something that is very expensive
Example:
These opera tickets cost us an arm and a leg!

15. TO GO DUTCH WITH SOMEBODY
to share the cost of something, such as a meal or a concert
Example:
I actually prefer going Dutch because I don’t want to feel in debt do anyone.

16. TO FEEL THE PINCH
begin to suffer from a lack of money
Example:
Consumers have felt the pinch of higher 
gasoline prices.

17. GOLDEN HANDSHAKE
generous sum of money given to an executive who leaves a company due to termination, corporate restructuring, or retirement
Example:
The company's vice president received a $500,000 golden handshake after being pressured to leave his position.

18. MONEY TO BURN
to spend a lot of money on things that are not necessary / to have abundance of money that you can spend on anything you want
Example:
I don't know what her job is but she certainly seems to have money to burn.

19. NEST EGG
savings / a reserve of money which you put aside for future needs / a fund of money accumulated as reserve
Example:
They built up a nest egg for their son's college education.

20. TO BE PAID PEANUTS
have a very low salary / to pay the absolute minimum amount necessary
Example:
I had a few jobs during college getting paid peanuts, but it was the only work I could find that fit in with my studies.

21. SPLASH OUT ON SOMETHING
spend a lot of money on buying things, especially things that are pleasant to have but that you do not need
Example:
They splashed out £5,000 on a holiday.

22. The man is rolling in money and he always has much money to spend.
to have lots of money
Example:
The man is rolling in money and he always has much money to spend. 

23. DRIVING HOME FOR CHRISTMAS