Home/Vocabulary Exercises/ESL - Banking Vocabulary 4

Banking/Investing/Financial terms 4

✓ Useful for TOEIC
An exercise focusing on the vocabulary of banking and financial transactions. These are the words and expressions used by finance professionals in both client-facing and internal settings.



📚 Key vocabulary
hedge fund — a pooled investment fund using advanced strategies, typically available only to institutional or accredited investors
underwriting — the process of evaluating and assuming financial risk for a fee, used in loans, insurance, and securities
amortization schedule — a table showing periodic loan payments broken down by principal and interest over the life of the loan
letter of credit — a bank document guaranteeing a buyer's payment to a seller, used frequently in international trade
default — the failure to meet the legal obligations of a loan, such as missing scheduled payments
fiduciary — a person or institution with a legal obligation to act in another party's best financial interest
money market — a financial market for short-term, low-risk debt instruments and highly liquid securities
yield — the earnings generated on an investment, expressed as a percentage of its cost or current market value
repo rate — the interest rate at which a central bank lends money to commercial banks on a short-term basis
non-performing loan (NPL) — a loan on which the borrower has not made scheduled payments for a specified period, usually 90 days


READY TO PRACTICE? LET’S GO!

Choose the correct response to complete each sentence.



1. I'm sorry, Mr. Davis, but your check hasn't ____________________ ( = gone through) yet.
2. Do you have any ____________________ debts? ( = debts that you have not paid off)
3. You'll have to ____________________ these forms. Once you do that, I'll give them to our bank manager for approval.
4. We'll ____________________ your lost card. No problem.
5. To ____________________ money to someone's account means to transfer money into someone's account.
6. We have to reset your ____________________ number. ( = the secret code for your bank/ATM card)
7. I keep half of my savings in an account, and the other half in a ____________________ at my bank.
8. A money market account is a combination checking and savings account, one in which your bank ____________________ your deposited money for you.
9. Bankrate.com is a good place to check which banks and credit unions ____________________ for various accounts.
10. Each account has different ____________________ ( = characteristics). You should decide which ____________________ are most important for you.
—




Premium resources
ONLINE COURSE Business English Conversations —
practice real workplace language BUSINESS ENGLISH GLOSSARY key terms explained clearly WORKSHEET COLLECTION printable PDFs for self-study
and classroom use
Our other sites
LearnEnglishFeelGood.com LearnSpanishFeelGood.com EnglishForMyJob.com
Connect & follow
Cookie & privacy policy  /  Content policy  /  Contact: info (at) businessenglishsite.com
© 2007–2026 BusinessEnglishSite.com (a division of LearnEnglishFeelGood.com). All rights reserved.