Home / English Vocabulary / Money vocabulary: 30 Extremely important money related words

Money vocabulary: 30 Extremely important money related words

Money vocabulary

Here are lists of money vocabulary /money related words and collocations:

Collocations with money / Phrases about money

  • Earn money

To get money as payment for work you do.

⇒ He earns about $ 45,000 a year.

  • Win money

To get money from a competition, a lottery, etc.

⇒ My friend, Jim, won $ 200 on the lottery last weekend.

  • Lose money

  1. The opposite of win money.

⇒ He lost all his money in a casino.

2. To be unable to find some money you had.

⇒ I have lost a big amount of money somewhere in the market.

  • Save money

To keep the money so that you can use it in the future.

⇒ I save $ 200 a month. I’m planning to go on holiday.

  • Pay money back

To give money back to the person you borrowed it from.

⇒ Don’t worry, I’ll pay you back next weekend.

  • Lend money ( to someone)

To give money to someone on condition that they pay it back over a period of time.

⇒ My colleague lent me $ 100 two days ago.

  • Owe money (to someone)

When you borrow money from a person or a bank and have to give it back in the future.

⇒ I owe the bank a lot of money.

  • Borrow money (from someone):

To take money from a person or a bank and agree to pay it back to them at a later time.

⇒I don’t like to borrow money from neighbours.

  • Spend money

To use money to buy the things you want.

⇒ My father spends a lot of money on clothes

  • Waste money (on something)

Spend money on things you don’t need or want.

⇒ She loves shopping. She wastes a lot of money on things she doesn’t need.

Other money vocabulary /phrases about money with examples

money vocabulary
Money vocabulary
  • Pay off

Finish paying the money you owe.

⇒ I have paid off all my debts.

  • Pay…in

Put an amount of money into your bank account. (‘take out’ is the opposite)

⇒ I have recently paid in 1000 dollars.

  • In the red

Having spent more money than you have in your bank account.

⇒ She is really careful with money. She’s never in the red.

  • Make ends meet

Manage to buy what you need with the money you earn.

⇒ He works every day just to make ends meet.

  • Well off

If you are well off, you have a lot of money.

⇒ He is a well off businessman. He makes a lot of money.

  • Save up (for sth)

Keep money in order that you can use it later.

⇒ “If you want to buy a new mobile, you should save up for it.” Said a mother to her son.

  • Save for a rainy day

Save money for a time when you are in need.

⇒ My parents always save for a rainy day. They never borrow money from others.

Money vocabulary with definitions

  • Banknote

A piece of paper money (= bill).

  • Hard cash

Coins and paper money (bills/banknotes), not credit cards or cheques.

  • E-cash

Electronic cash.

  • Loose change

Coins that you have in your pocket or bag.

  • Counterfeit

    Fake money/ fake currency.

  • ATM

Automated Teller Machine (a cash machine/cashpoint)

  • Buck

A US, Canadian, or Australian dollar.

  • Tenner

A ten-pound banknote

  • Petty cash

Cash for daily expenses.

  • Single

A banknote worth one dollar.

  • Fiver

A banknote worth five pounds.

  • Grand

A thousand dollars or pounds.

  • Overcharge (= rip off)

To charge somebody too much money for something.

This list of money vocabulary is not exhaustive.

Here is a list of various English phrases