Shopping and money matters Flashcards
money that is valuable and can be exchanged easily because it comes from a powerful country
hard currency
an index (= a system for comparing values) of the prices of shares in the 30 most important companies on the New York Stock Exchange
Dow Jones
A _______ object has such a high value, especially because it is rare, that the price of it cannot be calculated
priceless
not worth any money
valueless
the interest percent that a bank or other financial company charges you when you borrow money, or the interest percent it pays you when you keep money in an account
interest rate
a general, continuous increase in prices (once every year/once every month)
annual/monthly inflation
the total value of a company’s sales before an amount has been subtracted for costs such as returned, damaged, or missing goods, and any price reductions, taxes, etc
gross salary
the total value of a company’s sales after amounts for costs such as returned, damaged, or missing goods, and any price reductions, taxes, etc. have been subtracted
net salary
an amount of money paid regularly by the government or a private company to a person who does not work any more because they are too old or have become ill
pension
an agreement that allows you to borrow money from a bank or similar organization, especially in order to buy a house, or the amount of money itself
mortgage
when a company suspends salary or wage increases for a temporary period of time
frozen wages
time when you have stopped working because you have reached a particular age
pension age
a written promise from a company to repair or replace a product that develops a fault within a particular period of time, or to do a piece of work again if it is not satisfactory
warranty
the money that the government gives to people who are unemployed
on the dole
something such as a piece of paper or message proving that money, goods, or information have been received
receipt