vocab pt. 4
81) a/c
Account
82) APR
Annual percentage rate: the percentage that a bank makes you pay in interest when you borrow money from it, calculated over a period of one year.
83) balance
The amount of money you have in your bank account.
84) bank
Belonging to or connected with a bank.
85) bank balance
The amount of money that you have in your bank account.
86) bank draft
An order to pay someone that is sent from one bank to another bank, usually in a different country.
87) banker’s draft
A bank draft
88) banker’s order
A standing order 1
89) banking
The work done by banks and other financial institutions.
90) banking
The activity of paying money into or taking money out of a bank account.
91) bank rate
The rate of interest that banks use to calculate how much interest to charge on money they lend to each other rather than to their customers.
92) bank statement
A document that shows all the money that went into or out of your bank account during a particular period of time.
93) base rate
The rate of interest that banks use to calculate how much interest to charge on money they lend to their customers.
94) BIPS
Bank Internet payment system: an electronic system for making payments by moving money directly into a bank account over the Internet.
95) borrower
Someone who borrows money from a bank.
96) cardholder
Someone who owns a credit card or debit card for buying things with.
97) cashback
Money from your bank account that you can get from a shop when you pay for goods with a debit card.
98) CHIPS
Clearing house interbank payment system: an electronic system for making international payments in dollars and for changing money from one currency to another.
99) collateral
Property that you agree to give to a bank if you fail to pay back money that you have borrowed.
100) commission
An extra amount of money that you have to pay to a bank or other organization when they provide a service for you.
Account
82) APR
Annual percentage rate: the percentage that a bank makes you pay in interest when you borrow money from it, calculated over a period of one year.
83) balance
The amount of money you have in your bank account.
84) bank
Belonging to or connected with a bank.
85) bank balance
The amount of money that you have in your bank account.
86) bank draft
An order to pay someone that is sent from one bank to another bank, usually in a different country.
87) banker’s draft
A bank draft
88) banker’s order
A standing order 1
89) banking
The work done by banks and other financial institutions.
90) banking
The activity of paying money into or taking money out of a bank account.
91) bank rate
The rate of interest that banks use to calculate how much interest to charge on money they lend to each other rather than to their customers.
92) bank statement
A document that shows all the money that went into or out of your bank account during a particular period of time.
93) base rate
The rate of interest that banks use to calculate how much interest to charge on money they lend to their customers.
94) BIPS
Bank Internet payment system: an electronic system for making payments by moving money directly into a bank account over the Internet.
95) borrower
Someone who borrows money from a bank.
96) cardholder
Someone who owns a credit card or debit card for buying things with.
97) cashback
Money from your bank account that you can get from a shop when you pay for goods with a debit card.
98) CHIPS
Clearing house interbank payment system: an electronic system for making international payments in dollars and for changing money from one currency to another.
99) collateral
Property that you agree to give to a bank if you fail to pay back money that you have borrowed.
100) commission
An extra amount of money that you have to pay to a bank or other organization when they provide a service for you.