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    Learn English > English lessons and exercises > English test #115197: Vocabulary: going to the bank...
    > Other English exercises on the same topics: Banks, money | Find the word [Change theme]
    > Similar tests: - Bill, tip, fare, fine, fee - Vocabulary: gold everywhere - Vocabulary: generosity and meanness - Ask and give a price-GBP - Vocabulary: consumption - Vocabulary: gems and silver - Living standards - Vocabulary: rich or poor
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    Vocabulary: going to the bank...





    IOU= I owe you   
    Stacks of coins


    For centuries and centuries, after slowly giving up bartering, our ancestors used the money that people had to earn and save, in order to be able to spend it, buying the goods they needed. 


    A question arose: how to keep money, the diverse currencies used in the different countries with as few risks of losing it or having it stolen? 

    Several methods were found. 

    No more than an anecdote, hiding your savings under you mattress, which at first looked very secure since your own bodies were keeping them, proved to be very risky and fell  preys to fires, consequently destroying a whole life's hard labour. 

    Then, they were buried treasures (in a distant island), or in your own garden, in order to make sure to have this means of getting goods and services available. 



           Money stored in bottles

        A piggy-bank= a money bottle         


     A wad of notes under the mattress    Wads of notes (stage 2) 




                  Dollars = Greenbacks  

        Valuables buried in the garden 

                 A treasure chest            Diverse currencies

     A £20 banknote  A £20 bill 
     To have change To change £ into € 
     To counterfeit money  A money detector




    Keeping money used to be only a matter of hoarding and becoming rich. Then, it has slowly become a matter of being able to buy. BANKS, not being philanthropes,  quicky said to us "Your money is OUR business", and little by little, offered services to make transactions easier. Not only are we hoarding, today, ( or trying to!) but we are also playing our part in the global economic system enabling us to buy and sell more varied products farther and farther away. 



            A counter / A desk           A bank account 

               A cash deposit       

            A cheque/check book           

                  Credit cards

     An ATM= a TM= A cash dispenser

       Automatic Telling Machine/ Telling Machine

                A safe= safes   

                 A saferoom      


     Here are a lot of nouns representing banking operations or transactions. This vocabulary may be very useful in banks.

     An application  A form 
     An interest rate A loan
     A cheque account  A savings account 
     A deposit account  A debter  
     A creditor A bank statement 

     A credit balance 

     = in the black

     A debit balance

       = in the red

     A cheque bounced   A  mortgage 


    Lots of verbs will also be useful to you. Take care  Many of them are irregular. 

     To spend (spent, spent) money  to save money 
     To invest money in  To repay 
     To lend ( I lent, lent) money To write sb a cheque for £100 
     To borrow money from sb To cash a cheque 
     To have an overdraft => To be overdrawn


    Here are many words and expressions to be learnt...    When you know them, you'll be ready to find your way through the banking system... and you'll be ready for the test ...  Good luck !  


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    'Hurry up, Lucy... We have an appointment at the bank to open a for your future studies at the MIT... and do you know that now, thanks to a , you can send money to other continents quite quickly and easily... ' 'Alright Mom, I'll take my toy and a few € and , just in case...'
    'Yes, Lucy, but we're in Illinois here... The is different. You need , and real ones, not or fake ones.'
    'Mom, I don't really understand why Dad keeps all our money at the ... You should put it in a and bury it in the garden. I'd watch it for you, you know...'
    'Let's go and open your account, Lucy!' ' You know, Mom, I'd rather the little money I have than it...
    When I a living, I'll money from a bank, I'll have a big to buy a huge house and I'll pay my regularly...'“Yes, Lucy, you'll do that! “Yes, Lucy, you'll do that! In the meantime, why not break your to buy a present for my coming birthday?” 'Mommy... No need to buy anything... I've made something wonderful for you...'


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