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WorksheetsThe language of banking (Legal English)
Total questions: 21
Worksheet time: 11mins
Balance
A demand for payment for goods or services you have received.
It means to give a cheque to someone and you validate it by signing it.
To put money into a bank account
The amount of money that you got in your bank account
Deposit
A demand for payment for goods or services you have received.
To put money into a bank account
To take money out of a bank account.
It means to give a cheque to someone and you validate it by signing it.
Current account
Bank account that you can use at any time. Sometimes also called a checking account in America.
A document that your bank sends to you. It tells you when you deposited money, when you withdrew money and how much you have in the account at the moment.
Payments that you have to make to to the bank for using your bank account.
To be the right kind of person to have something, for example, because you are the right age or you have enough money.
Issue a cheque
A document that your bank sends to you. It tells you when you deposited money, when you withdrew money and how much you have in the account at the moment.
A payment that you have to make to a professional to do something for you.
A demand for payment for goods or services you have received.
It means to give a cheque to someone and you validate it by signing it.
An overdraft
To move money electronically from one bank account to another
A document that your bank sends to you. It tells you when you deposited money, when you withdrew money and how much you have in the account at the moment.
The amount of money one can take out of the bank even though their account does not have that much money in it.
A demand for payment for goods or services you have received.
Bill
A demand for payment for goods or services you have received.
Bank account that you can use at any time. Sometimes also called a checking account in America.
A document that your bank sends to you. It tells you when you deposited money, when you withdrew money and how much you have in the account at the moment.
The amount of money one can take out of the bank even though their account does not have that much money in it.
Fee
A document that your bank sends to you. It tells you when you deposited money, when you withdrew money and how much you have in the account at the moment.
Bank account that you can use at any time. Sometimes also called a checking account in America.
The amount of money one can take out of the bank even though their account does not have that much money in it.
A payment that you have to make to a professional to do something for you.
Withdraw money
To move money electronically from one bank account to another
To take money out of a bank account.
Payments that you have to make to to the bank for using your bank account.
A demand for payment for goods or services you have received.
Transfer cash
To move money electronically from one bank account to another
Payments that you have to make to to the bank for using your bank account.
A payment that you have to make to a professional to do something for you.
The amount of money one can take out of the bank even though their account does not have that much money in it.
To be eligible
A payment that you have to make to a professional to do something for you.
To be the right kind of person to have something, for example, because you are the right age or you have enough money.
Payments that you have to make to to the bank for using your bank account.
A document that your bank sends to you. It tells you when you deposited money, when you withdrew money and how much you have in the account at the moment.
Option
Not to have a boss. One organizes their own work and people pay for the goods or services provided. The person is responsible for paying tax on the money they receive.
Amount of money that someone puts into a business with the aim of making that business successful and getting more money
The money that you must spend on the day-to-day cost of the business
One of the available choices from several possibilities
Expenses
Money you get from selling something or providing a service to someone, after you deduct the cost of making that thing or providing that service.
The money that you must spend on the day-to-day cost of the business
Amount of money that someone puts into a business with the aim of making that business successful and getting more money
To start something or to create something especially a business
Investment
Amount of money that someone puts into a business with the aim of making that business successful and getting more money
Money you get from selling something or providing a service to someone, after you deduct the cost of making that thing or providing that service.
Things you own which have a financial value such as house, car or money in a bank.
A person who owns and runs an unregistered business by themselves
To set up -
Amount of money that someone puts into a business with the aim of making that business successful and getting more money
Not to have a boss. One organizes their own work and people pay for the goods or services provided. The person is responsible for paying tax on the money they receive.
To start something or to create something especially a business
Money you get from selling something or providing a service to someone, after you deduct the cost of making that thing or providing that service.
Sole trader
Amount of money that someone puts into a business with the aim of making that business successful and getting more money
Money you get from selling something or providing a service to someone, after you deduct the cost of making that thing or providing that service.
Things you own which have a financial value such as house, car or money in a bank.
A person who owns and runs an unregistered business by themselves
Self-employed
Not to have a boss. One organizes their own work and people pay for the goods or services provided. The person is responsible for paying tax on the money they receive.
Money you get from selling something or providing a service to someone, after you deduct the cost of making that thing or providing that service.
Amount of money that someone puts into a business with the aim of making that business successful and getting more money
Things you own which have a financial value such as house, car or money in a bank.
Profit
Money you get from selling something or providing a service to someone, after you deduct the cost of making that thing or providing that service.
Money you get from selling something or providing a service to someone, after you deduct the cost of making that thing or providing that service.
To be legally responsible for something
Amount of money that someone puts into a business with the aim of making that business successful and getting more money
Assets -
Things you own which have a financial value such as house, car or money in a bank.
The money that you must spend on the day-to-day cost of the business
Not to have a boss. One organizes their own work and people pay for the goods or services provided. The person is responsible for paying tax on the money they receive.
Amount of money that someone puts into a business with the aim of making that business successful and getting more money
Liable -
To be legally responsible for something
Not to have a boss. One organizes their own work and people pay for the goods or services provided. The person is responsible for paying tax on the money they receive.
Things you own which have a financial value such as house, car or money in a bank.
To be illegally responsible for something
What is Legal English -
English is a part of English for specific purposes and can be considered a specialism within English language learning and teaching, or a variant of international English
primarily a person enrolled in a school or other educational institution and who is under learning with goals of acquiring knowledge, developing professions and achieving employment in a desired field
Law is a system of rules created and enforced through social or governmental institutions to regulate behavior, with its precise definition a matter of longstanding debate. It has been variously described as a science and the art of justice.
English is the type of English as used in legal writing. In general, a legal language is a formalized language based on logic rules which differs from the ordinary natural language in vocabulary
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