Week 1 Flashcards
Money paid from the profits of a company to the people who have shares in it.
Woolworths made a hefty profit in the last financial year and paid a large ________ to all its shareholders.
Dividend
Money that you have to pay as a punishment for breaking the law.
Do not speed or you may have to pay a big ______!
Fine
A sum of money you pay regularly to an insurance company for a policy you have taken out with them.
I pay a very large _________ to the insurance company for my income protection policy.
Premium
A sum of money given to someone who helps the police return stolen property to its owner.
The British police offered a million dollars as a _________ to anyone with information that will help them find the Queen’s stolen jewels.
Reward
A more formal word for rich
The leafy North Shore of Sydney consists of ________ suburbs with many stately family mansions.
Affluent
An amount of money paid to a salesperson, usually a percentage of the value of the goods they have sold.
Mercedes Benz has switched from a _________ model to a fixed-price agency model when selling their luxury cars.
Commission
A sum of money paid as a percentage of a larger sum that has been borrowed or invested.
Thomas put his savings into a fixed term deposit which allowed him to receive a higher _______ rate.
Interest
The money you pay to travel by plane, bus or train.
My bus ________ to school used to cost me 45 cents.
Fare
The money or property you get from someone when they die.
Uncle Desmond took his parents’ _______________ and did not share it with any of his siblings.
Inheritance
A tax paid to the government, especially on things you import into a country.
You can buy ________-free products from the airport, so you wouldn’t have to pay the usual 10% goods and service tax.
Duty
The sum of money that a court orders someone to pay to another for harming their property.
The court ordered the thug to pay $50000 in _________ for destroying his neighbour’s car.
Damages
Money paid for the release of someone who has been kidnapped.
The hotel tycoon was kidnapped and a __________ put out for 10 million dollars.
Ransom
The cost of moving goods from one place to another.
The __________ for shipping this product to Australia is $350 per carton.
Carriage
Payments made to the worrier of a book, a piece of music, etc out of the money they made from selling the book.
JK Rowling received an estimated amount of 1.15 billion dollars from the __________ for the Harry Potter series.
Royalties
A reduction made in the cost of something you are buying.
I often give a __________ to patients who are struggling financially.
Discount
