Business Vocabulary

Obtain money which must be returned or reimbursed.
Amount of money available or needed for a specific use.

• Borrow

• Budget Debt

• Currency

Money owed by one person to another, Sum of money payable as a first instalment on a purchase;

• Lend

• Budget Debt

• Loan

The money used in a country.

• Fee

• Currency

• Invest

Payment made to a professional person (doctor, lawyer, etc.).

• Fee

• Borrow

• Withdraw

The rate at which one currency can be exchanged for another.

• Exchange rate

• Legal tender

• Loan

A sum of money due as one of several equal payments to be made over an agreed period of time.

• Petty cash

• Legal tender

• Instalment

To put money into a business, property, etc. in order to earn interest or profit

• Instalment

• Lend

• Loan

• Invest

Currency that cannot legally be refused as payment.

• Borrow

• Legal tender

• Budget Debt

• Currency

Small amount of cash kept available by a company or firm for everyday expenses

• Currency

• Borrow

• Petty cash

• Instalment

Take money from a bank account.

• Petty cash

• Loan

• Withdraw

• Lend