MONEY MATTERS

1. Take the MONEY quiz.

What is the name of money you borrow from the bank? - a credit/loan
What is the currency of Great Britain? - Pound sterling
What is the currency of Italy? - Euro
What are the DOW Jones, the Borsa, Wall Street and the FTSE? - Stock Exchange
What is the name of the automatic machine from which you take cash? - ATM / Cash
Machine / Cashpoint
What is an adjective for a person with lots of money? - Rich / loaded / wealthy / well-off
What is the currency of Japan? - Yen
What is the name for the most senior person in a bank (in England)? - Bank Manager
What is the name of the money you borrow to buy a house? - Mortgage
How many pence are there in the pound? - 100 pence
Name three ways of paying for something. – Cash, Personal Cheque (US check): These are
ordered through the buyer's account., Debit Card, Credit Card
(https://tfig.unece.org/contents/payments-types.htm)
Name four verbs for things you can do with money. (Earn, Make, Inherit
Find, Borrow, Spend, Waste, Invest, Lose, Lend)
What was the currency of France before the Euro? - the franc
What is the word for the money you receive for your work, usually once a month. - salary
Which department of a government deals with money? - The Department of the Treasury
 2. Fill in the table using the words from the box. Translate them into Ukrainian.
launder credit card invest shares pay back
earn borrow counterfeit lend cheque
change make coin save income
exchange note currency raise loan
discount token bill spend interest
legal tender pay off debt cash savings
hard currency inherit transfer deposit (US)/ withdraw
pay in (UK)
piggy bank (скарбничка) bank statement assets splash out
put aside

Forms of money MONEY What we can do with money

credit card Currency Launder (відмивати)
note (паперова банкнота) Exchange Earn
token (жетон) Discount Change
cheque legal tender Borrow
bill hard currency Make
coin piggy bank pay off
cash counterfeit inherit
bank statement debt invest
shares transfer
income lend
loan save
interest (відсоток) raise
savings spend
assets deposit (US)/pay in (UK)
pay back
withdraw
splash out

3. Complete the sentences with an appropriate word from the table. Translate the
sentences into Ukrainian.
1. We payed off our mortgage after fifteen years.
Ми виплатили іпотеку через п’ятнадцять років.

2. She inherited several million dollars upon her father's death.

Після смерті батька вона успадкувала кілька мільйонів доларів.
3. The store is offering discounts on many types of merchandise this week.
Цього тижня магазин пропонує знижки на багато видів товарів.

4. You'll have to pay cash there because they don't accept credit cards.
Там вам доведеться платити готівкою, тому що вони не приймають кредитні картки.

5. You will need to list your assets when you apply for a loan.
Вам потрібно буде вказати свої активи, коли ви подасте заяву на позику.

6. They own several shares of the company.

Вони володіють кількома акціями компанії.

7. She's been earned/borrowed some money for a vacation.

Вона заробила/позичила трохи грошей на відпустку.

4. Translate the sentences into English using the vocabulary from Exercise 2.

1. 12-річна хмельничанка Настя малює тварин на замовлення, аби зібрати гроші

для ЗСУ.
Nastya, a 12-year-old from Khmelnytskyi, paints animals to order to raise/earn money for the
Armed Forces.

2. Українці активно використовують свої заощадження на їжу та проживання.

Ukrainians actively use their savings for food and accommodation.

3. Після смерті Кетрін він розтринькав велику частину її спадку на невдалі

інвестиції.
After Catherine's death, he splashed out a large part of her inheritance on unsuccessful
investments.

4. Фальшиві гроші можна купити через Інтернет.

Counterfeit money can be bought over the Internet.

5. На території держави її валюта проголошується законодавством законним

платіжним засобом.
On the territory of the state, its currency is declared legal tender by legislation.

6. Михайло позичив Івану гроші з домовленістю, що той поверне їх через

місяць.
Mykhailo lent money to Ivan with the agreement that he would pay back in a month.

7. Він заплатив за замовлення готівкою безпосередньо при отриманні посилки.

He paid for the order in cash directly upon receiving the parcel.