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Money vocabulary

Money vocabulary

Collocations with 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 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 words for money (money vocabulary) with examples

  • 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): charge somebody too much money for something.

Here is a list of various English phrases