Wordlist: Bank - List 2

 

1. Wordlist

    • 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
 

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loan
mortgage
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security
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        Word and Definition

         
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        save
        to keep money (usually in an account) for future use
        long-term
        extending over a relatively long time period
        insolvency
        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
        mortgage
        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
        investment
        a placement of capital in expectation of deriving income or profit from its use
        loan
        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
        term
        a limitation, restriction or regulation
        security
        the proof of ownership of stocks, bonds or other investment instruments
        advance
        an amount of money or credit, especially given as a loan, or paid before it is due
        instalment
        a portion of a debt, or sum of money, which is divided into portions that are made payable at different times
        be in the red
        short-term
        of or pertaining to a short duration of time
        medium-term
        between short-term and long-term
        invest
        to commit money or capital in the hope of financial gain
        savings
        that which has been saved, particularly money that has been set aside for the future
         
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