Money and Shopping. Wordlist
affordable adjective
not too expensive for most people to buy
affordable (bb502)
The rent wasn’t affordable so we moved away.
asset noun
something valuable that a person or company owns
an asset (bb503)
Their house is their most valuable financial asset.
auction noun
a public sale where items go to highest bidder
an auction (bb504)
The painting sold for millions at the auction.
bargain noun
something bought for less than its usual price
a bargain (bb505)
Was that old car really a bargain though?
basket noun
a container used for carrying shopping or goods
a basket (bb506)
Please put the vegetables in your shopping basket.
bid verb
to offer an amount of money for something
to bid (bb507)
They bid two thousand pounds for the vase.
bill verb
to send someone an invoice requesting payment
to bill (bb508)
They billed us twice for the same repair.
budget noun
a plan for spending money over a period
a budget (bb509)
Can you stick to the budget we agreed on?
calculate verb
to find an answer using mathematics or careful thought
to calculate (bb510)
She didn’t calculate how much interest she’d pay.
credit verb
to add money to someone’s bank account officially
to credit (bb511)
We were credited fifty pounds for the error.
debt noun
money that is owed to someone or something
a debt (bb512)
He’s trying to avoid getting into serious debt.
expense noun
the cost or money spent on something needed
an expense (bb513)
Medical expenses aren’t covered by this insurance policy.
finance noun
the management of money or funding for something
a finance (bb514)
Understanding personal finance is important for everyone.
funding noun
money provided for a specific purpose or project
a funding (bb515)
They’re looking for funding to start their business.
grant noun
money given officially for a specific purpose freely
a grant (bb516)
Research grants are very difficult to obtain nowadays.
grocery noun
food and household items sold in a shop
a grocery (bb517)
Where do you usually buy your groceries from?
hire noun
the act of paying to use something for a short time
a hire (bb518)
The main expense was the hire of a car.
incentive noun
something that encourages you to do or achieve something
an incentive (bb519)
Tax incentives encourage people to save more money.
income noun
money received regularly from work or investments
an income (bb520)
What’s your total monthly income from all sources?
inflation noun
the rate at which prices increase over time
an inflation (bb521)
High inflation affects people on fixed incomes most.
loan noun
money that you borrow and must pay back later
a loan (bb522)
She took out a loan to buy a new car.
lottery noun
a game where numbered tickets win money prizes
a lottery (bb523)
She won ten pounds on the lottery last week.
membership noun
the state of belonging to a group or organization
a membership (bb524)
Have you renewed your club membership yet?
mortgage noun
a loan from a bank to buy a house or flat
a mortgage (bb525)
The couple applied for a mortgage to buy their first home.
outfit noun
a set of clothes worn together
an outfit (bb526)
Are you choosing an outfit for tonight?
owe verb
to need to pay money back to someone
to owe (bb527)
How much do you owe the bank for your car loan?
ownership noun
the state or right of owning something legally
an ownership (bb528)
Home ownership is becoming less affordable for young people.
pension noun
money paid regularly to someone who has retired from work
a pension (bb529)
Private pensions provide better retirement income than state ones.
retail noun
the business of selling goods to the public
a retail (bb530)
Retail sales have fallen significantly this quarter unfortunately.
reward noun
something given for effort, achievement, or good behaviour
a reward (bb531)
What kind of rewards do employees get for meeting targets?
savings noun
money kept aside for future use or emergencies
a savings (bb532)
Building up savings takes discipline and time obviously.
stall noun
a table or small shop selling things outdoors
a stall (bb533)
Are there any food stalls at the festival?
stock noun
goods kept available for sale in a shop
a stock (bb534)
Is this dress in stock in other sizes?
tag noun
a label attached showing price or other information
a tag (bb535)
Remove all price tags before wearing new clothes.
wage noun
money paid regularly for work, usually weekly or hourly
a wage (bb536)
His weekly wage barely covers rent and bills.
welfare noun
financial support from government for people in need
a welfare (bb537)
Is he eligible for any welfare benefits now?
withdraw verb
to take money out of a bank account
to withdraw (bb538)
I need to withdraw some cash before shopping.