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Word List: Bank - list 2
- loan, loans [ləʊn]
(noun) - Definition:
- a sum of money or other valuables which an individual, group or other legal entity borrows from another individual, group or legal entity (the latter often being a financial institution) with the condition that it be returned or repaid at a later date
- Example:
- He got a five grand loan.
- Synonym(s):credit
- mortgage, mortgages [moɹˈɡɪdʒ]
(noun) - Definition:
- a special form of secured loan where the purpose of the loan must be specified to the lender, to purchase assets that must be fixed (not movable) property such as a house or piece of farm land
- Example:
- In most jurisdictions mortgages are strongly associated with loans secured on real estate rather than on other property.
- advance, advances [əd.vɑn(t)s]
(noun) - Definition:
- an amount of money or credit, especially given as a loan, or paid before it is due
- Example:
- My boss paid me an advance on my salary.
- be in the red
(Chunk) - Example:
- A few months after he lost his job he was in the red.
- security, securities [sɪˈkjʊəɹəti]
(noun) - Definition:
- the proof of ownership of stocks, bonds or other investment instruments
- Example:
- The banker advised me to buy securities.
- save [seɪv]
(verb) - Definition:
- to keep money (usually in an account) for future use
- Example:
- She's been saving money to go on a trip to the US.
- Synonym(s):put aside
- savings
(noun plural form) - Definition:
- that which has been saved, particularly money that has been set aside for the future
- Example:
- The collapse of Enron wiped out the life savings of many people, leaving them poor in their retirement.
- term, terms [tɜːm]
(noun) - Definition:
- a limitation, restriction or regulation
- Example:
- Before he opens an account he wants to know the terms and conditions.
- instalment, instalments [ɪnˈstɔːlmənt]
(noun) - Definition:
- a portion of a debt, or sum of money, which is divided into portions that are made payable at different times
- Example:
- The instalment he had to pay every month was 250 Euros.
- Synonym(s):installment
- investment, investments
(noun) - Definition:
- a placement of capital in expectation of deriving income or profit from its use
- Example:
- His wife didn't know of his investments in his friend's business.
- invest [ɪnˈvɛst]
(verb) - Definition:
- to commit money or capital in the hope of financial gain
- Example:
- He invested a lot of money in this project.
- long-term
(adjective) - Definition:
- extending over a relatively long time period
- Example:
- She was thinking about a long-term investment.
- Antonym(s):short-term
- medium-term
(adjective) - Definition:
- between short-term and long-term
- Example:
- In financial operations of borrowing and investing, what is considered medium-term is usually between one and three years.
- short-term
(adjective) - Definition:
- of or pertaining to a short duration of time
- Example:
- This short-term plan deals with the next few days.
- Antonym(s):long-term
- insolvency, insolvencies
(noun) - Definition:
- the condition of one who is unable to pay his debts as they fall due, or in the usual course of trade and business; the condition of having more debts than assets
- Example:
- Insolvency usually refers to the inability of a company to pay off its debts, not of a private person.
- Antonym(s):solvency
Source: http://www.learning-english-online.net/areas/vocabulary/public-life/money-finance-and-economy/bank/list-2/
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