| balance | n. the difference between credits and debits in an account |
| bank charges | n. money paid to a bank for the bank’s services etc |
| branch | n. local office or bureau of a bank |
| chequebook | n. book containing detachable cheques US – checkbook |
| cheque | n. written order to a bank to pay the stated sum from one’s account US – check
|
| credit | n. money in a bank a/c; sum added to a bank a/c; money lent by a bank |
| credit card | n. (plastic) card from a bank authorising the purchasing of goods on credit |
| current account | n. bank a/c from which money may be drawn at any time US – checking account |
| debit | n. a sum deducted from a bank account |
| deposit account | n. bank a/c on which interest is paid US – saving account |
| fill in | v. to add written information to a document to make it complete |
| interest | n. money paid for the use of money lent – interest rate n. |
| loan | n. money lent by a bank etc and that must be repaid with interest |
| overdraft | n. deficit in a bank account caused by withdrawing more money than is paid in |
| pay in | v. [paid in] to deposit or put money in to a bank account |
| payee | n. person to whom money is paid |
| paying-in slip | n. small document recording money that you pay in to a bank account |
| standing order | n. an instruction to a bank to make regular payments |
| statement | n. a record of transactions in a bank account |
| withdraw | v. [-drew, -drawn] to take money out of a bank account |
Banking Vocabulary
– April 23, 2011Posted in: TOEIC Topic Words
I have been reading out a few of your articles and it’s pretty nice stuff. I will make sure to bookmark your site.