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IV. Learn the meaning of the words pay, payee, payer, payment, pay-off, payout, payable

pay, n.

the money that someone gets for doing regular work.

payee, n.

the person or organization to whom money, especially a cheque, must be paid.

payer, n.

a person or an organization that pays or has to pay for smth.

payment, n.

an amount of money that has been or must be paid.

pay-off, n.

a payment of money to someone to persuade them to leave their job.

payout, n.

a large amount of money that is given to someone.

payable, adj.

that must be paid or can be paid at a particular time or in a particular way.

pay, v.

to give someone money for something you buy or for a service.

V. Fill in the gaps in the sentences below using the words from exercise IV

1. If you earn below $6000, you … no income tax.

2. Many companies delay … as long as they can.

3. Part of her job is chasing up slow … .

4. The cheques were undated and had no … name.

5. The fund manager left the company with a $1 million … .

6. The group’s final dividend was 50¢, taking last year’s … to 85¢.

7. The price is … in monthly instalments.

8. They plan to increase staff and raise … levels.

9. Union leaders are campaigning for better … and conditions.

10. Vouchers are accepted as … for goods.

VI. Find synonyms of the following word combinations

1. advertising material; 2. artificial material; 3. cash down payment; 4. cash benefit; 5. classified information; 6. consumable goods; 7. consumer rights protection; 8. container cargo transportation; 9. critical information; 10. delayed payment; 11. direct manufacturer; 12. fast-moving goods; 13. foreign manufacturer; 14. helpful information; 15. immediate information; 16. outbound cargo; 17. outbound goods; 18. overseas transportation; 19. price information; 20. primary material; 21. semi-finished goods.

VII. Match each of the following verbs with all possible nouns given in the box

a) an arrangement; b) benefit; c) cargo; d) goods; e) information; f) losses; g) material; h) payment(s); i) protection; j) transportation.

1. to accelerate; 2. to accept; 3. to acquire; 4. to carry; 5. to cease; 6. to defer; 7. to delay; 8. to dispatch; 9. to distribute; 10. to economize; 11. to estimate; 12. to exempt; 13. to expedite; 14. to have; 15. to get; 16. to give; 17. to handle; 18. to incur; 19. to make; 20. to obtain; 21. to pass; 22. to prolong; 23. to provide; 24. to sell; 25. to sustain; 26. to take; 27. to transport.

VIII. Fill in the gaps in the word combinations given below with the prepositions at, for, from, in, into, of, off, on, out, up, with

1. ask … information; 2. carry … transportation; 3. dispose … goods; 4. enter … an arrangement; 5. hold … payment; 6. identification … a product; 7. meet … a loss; 8. put … payment; 9. release … payment; 10. save … material; 11. sell … a loss; 12. send … materials; 13. speed … payment; 14. stretch … payments; 15. trade … goods.