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Topic: Banking/Investing/Financial terms 1



An exercise to help you learn & practice the vocabulary of the financial world, while polishing your grammar skills. Although it's meant for ESL students, it'll be useful to anyone who wants to practice this specialized vocabulary.

Choose the best response to complete each of the sentences below.


1. I'd like to _________________ an account.
  open
  start
  commence

2. You don't have any _________________ ( = money) in your account.
  funds
  fun
  funding

3. The bank _________________ my husband's credit card because he didn't pay his credit card bills.
  reneged
  retracted
  cancelled

4. A document which shows all your withdrawals and deposits (usually for one month) is called a "bank __________________"
  stapler
  statement
  bill

5. What's another way to say "to withdraw"?
  to make out
  to stake out
  to take out

6. I'd like to _________________ some money to my other account.
  transfer
  change
  switch

7. A cashier's check is a check that's _________________ by a bank.
  guaranteed
  guarantee
  warrantee

8. Another way to say "debit card" is _________________.
  credit card
  plastic card
  bank card

9. Is there _________________ around here somewhere? ( = a cash machine)
  an electronic machine
  an ATM
  a money machine

10. If you've lost your bank card you can _________________ for a new one.
  reply
  apply/reapply
  fill


CHECK ANSWERS
(Your answers will be displayed in a new window)



BUSINESS VOCABULARY: Banking & finance

Need to review common banking & finance-related terms? We've got you covered:

Liquidity - ease of accessing cash
Example: Savings accounts offer high liquidity.

Cash flow - movement of money in and out
Example: Poor cash flow can cause problems.

Investment - money put into assets to earn returns
Example: The bank offers investment products.

Return - profit earned from an investment
Example: The return exceeded expectations.

Risk - chance of financial loss
Example: Higher returns usually involve higher risk.

Portfolio - collection of investments
Example: She diversified her portfolio.

Asset - something valuable owned
Example: Property is a long-term asset.

Liability - financial obligation or debt
Example: Loans are recorded as liabilities.

Net worth - assets minus liabilities
Example: His net worth has grown steadily.

Revenue - income earned by a bank or company
Example: The bank's revenue increased.


MATERIALS TO HELP YOU LEARN (AND TEACH!):
BUSINESS ENGLISH GLOSSARY
BUSINESS ENGLISH WORKSHEET COLLECTION

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