Definitions Flashcards
Coins or notes that can be spent immediately
Cash
Coins that are not of high value
Small change
The specific type of money used by a particular country
Currency
Money that allows you to survive
Means
Money that you have saved in order to spend it later
Savings
Coins and notes officially accepted in a particular country
Legal Tender
The small amount of cash that an organisation uses for minor purchases and providing change to customers
Petty Cash
What does VISITING LECTURER charge?
Honorarium
What does LOCAL COUNCIL charge?
Rate
What does SOCIAL CLUB charge?
Dues
What does PRIVATE SCHOOL charge?
Tuition
What does INSURANCE COMPANY charge?
Premium
What does BANK charge?
Interest
What does ARCHITECT charge?
Retainer
What does LAWYER charge?
Fee
What does TAXI DRIVER charge?
Fare
What does SALES AGENT charge?
Commission
What does WHITE-COLLAR WORKER charge?
Salary
What does BLUE-COLLAR WORKER charge?
Wage
What does BRIDGE OWNER charge?
Toll
What does PROPERTY OWNER charge?
Rent
Money can influence what is done or how it’s done
Money Talks
It does not matter how much something costs because there is a lot of money available
Money is no object
To have a lot of money and spend large amounts on things that are not necessary
Have money to burn
Money that you pay someone to stop them telling anyone else about something that you want to keep a secret
Hush money
To do something rather than to just talk about it
Put your money where your mouth is
Make sure that someone can pay for something before you let them have it
See the color of someone’s money
Money that you earn with very little effort or work
Easy money
Earn money fast and in large amounts
Make money head over fist
Money used for starting a business or project
Seed money
People who have recently become rich
New money
