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III. Vocabulary Reinforcement

A. Vocabulary

Match the words with their definitions.

savings, n

the money that you earn from your work

investment, n

the commercial activity of providing funds and capital

income, n

money paid to you by a bank or financial institution

when you keep money in an account there

mortgage, n

an agreement with a company in which you pay them

money and they pay the costs if something bad happens

entity, n

the difference between the market value of a property and the claims held against it

funds, n

a fund of money put by as a reserve

transaction, n

the total amount of money that an organization, or person spends during a particular period of time

expenditure, n

a person or an organization that tries to help two other

people or groups to agree with each other

interest, n

a legal agreement by which you borrow money from a bank in order to buy a house

finance, n

something that exists as a single and complete unit

insurance, n

a business deal or action, such as buying or selling smth

intermediary, n

the use of money to get a profit or to make a business

activity successful

equity, n

assets in the form of money

A. Word Families

Complete the chart.

Verb

Adjective

Noun

finance

debt

insure

account

expend

safe

dividend

tax

invest

C. Word Groups

1. Match the words having similar meanings.

save (money)

deal

expend

get

effect

go-between

transaction

spend

intermediary

put aside

obtain

influence

2. Match the words having opposite meanings.

borrow

purchase

save

loss

short-term

lend

sale

spend

benefit

long-term

D. Word Fields

Which of the words and phrases below are associated with the following: 1) the financial system, 2) what you can do with your money?

Public debt, savings and investment, a wealthy society, insurance markets, bond markets, wages and incomes, stock markets, financial intermediaries, capital, revenue, assets, marginal costs, depreciation, interest payments, extra benefit, to spend, to save, to grow, to borrow, to do, to lend, to earn, to owe, to hoard, to lose, to repay, to waste, to rise, to collect, to purchase, to invest, to decrease, to make, to store, to put aside, to withdraw, to boost, to charge.

E. Word Usage

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