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  • Money: Ways of Paying

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    Andra Dorneanu
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    The document discusses various ways to pay for things including cash, checks, credit cards, and debit cards. It also describes using bank accounts, including current/checking accounts and savings/deposit accounts. Money can be withdrawn from bank accounts using ATMs. Common banking phrases like checking account balances and overdraft facilities are provided. Finally, the document lists words to describe whether prices are cheap, expensive, or a good deal.

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    Money

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    The document discusses various ways to pay for things including cash, checks, credit cards, and debit cards. It also describes using bank accounts, including current/checking accounts and savings/deposit accounts. Money can be withdrawn from bank accounts using ATMs. Common banking phrases like checking account balances and overdraft facilities are provided. Finally, the document lists words to describe whether prices are cheap, expensive, or a good deal.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    13 views1 page

    Money: Ways of Paying

    Uploaded by

    Andra Dorneanu
    The document discusses various ways to pay for things including cash, checks, credit cards, and debit cards. It also describes using bank accounts, including current/checking accounts and savings/deposit accounts. Money can be withdrawn from bank accounts using ATMs. Common banking phrases like checking account balances and overdraft facilities are provided. Finally, the document lists words to describe whether prices are cheap, expensive, or a good deal.

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    Attribution Non-Commercial (BY-NC)
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    of 1

    S T U D Y PA G E S

    centre 19

    Money
    Ways of paying
    You can pay for something by/in cash by cheque (UK) by check (US) by credit card or debit card

    Cash is money in the form of notes and coins, rather than cheques. When you use a credit card, you arrange to pay at a later time. With a debit card the money is taken from your bank account automatically .

    Using a bank account


    A current account (UK) / checking account (US) is a bank account which usually earns little or no interest and which you can take money out of at any time. With a savings/deposit account, you can earn interest on your money . Interest is money charged by a bank to people who have borrowed from them, or the money which you receive from a bank after you have left money with them for a period of time. You can take money out of your bank account by using a cash machine (UK)/ATM (US). This is a machine in the wall of the bank or other building. You use a cash card (UK)/ATM card (US) to take out the money .

    Useful phrases
    Id like to pay this cheque into my account and take out 50 in cash. You can withdraw (= take out) or deposit (= put in) money at any time using the machines outside the bank. Could you tell me the balance on (= how much money is in) my account? (UK) I have an overdraft facility of 500 (= I can borrow up to 500) I hate being overdrawn/in the red (= owing money to the bank).

    Saying whether things are cheap or expensive


    expensive Train travel in the UK is extortionate (= too high). House prices in London can be prohibitive (= too expensive for people to afford). This car is proving to be very expensive to run. The hotel was great but a little pricey. That supermarkets a bit dear. The house is great and the rent is reasonable (= not too expensive). The heating system is very economical (= cheap to run). She offered me a fair price for my record collection. I booked my holiday at the last moment, so it was dirt cheap (= it cost very little money). This coat was half-price, a real bargain. The sunglasses are now available in major stores, a snip at 25 a pair . Less than $30 for both of them? What a steal!

    cheap

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