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10) money paid for professional services, e.g. to a doctor:
a f _ _
11) money paid by the state, usually to students: a g _ _ _ _
12) money paid by a company or the state on your retirement:
a p _ _ _ _ _ _
13) paid as a punishment for breaking the law: a f _ _ _
14) paid to the government for services that the state provides:
_ _ _ _ s
15) paid while travelling, especially on public transport, buses,
trains, etc.: a f _ _ _
3. Put each of the following words or phrases into its cor-
rect place in the text below
banks beads buy change coins currency
depositing earn exchange rate goods investments
paper bills savings accounts sell shells value money
MONEY
Money is what people use to ...... things. People spend money
on ..... and services. Many people save part of their money by ..... it in
a bank. People ..... money by performing services. They also earn
money from ..... , including government bonds, and from ..... . .
..... can be anything that people agree to accept in exchange for
the things they ..... or the work they do. Ancient peoples used such
varied things as ...... , ...... , and cattle as money. Today, most nations
use metal coins and ..... . Different countries' ..... and bills look different
and have different names.
A person can ..... his money for the money of any country
according to the ..... . Usually, such rates are set by the central ..... of a
country. The ..... of a country's ..... may change, depending on the
economic and political conditions in that country.
4. Match the definitions with the correct money word.
1. an allowance
2. a bonus
134
3. commission
4. a deposit
5. a dividend
6. an investment
7. a legacy
8. maintenance
9. an overdraft
10. a premium
11. royalties
12. a share
13. a mortgage
a) money paid to authors or inventors according to the sale of
their work
b) a sum of money used to make more money from something
that will increase in value
c) the money which a building society or bank lends to someone
to buy a house
d) the money that a person pays to an insurance company to
protect against loss or damage
e) money, usually from a relative, to live on
f) an additional payment which is a reward to those who work
for a company for their extra work
g) the amount of money borrowed from a bank, greater than that
which is in your account
h) money received from someone in his or her will
i) the amount of money that goes to a shareholder
j) money paid by divorced or separated people to support the
former husband or wife
k) part of the value of a company that you may buy
1) part-payment of money which you make to stop the seller
from selling his goods to others m) an amount of money, related to the
value of goods sold, which is paid to a salesman for his services
5. Choose the correct answer.
1. The going ..... for the job is $ 7 an hour.
a) pay b) price c) rate d) wage
10) money paid for professional services, e.g. to a doctor: 3. commission
a f__ 4. a deposit
11) money paid by the state, usually to students: a g _ _ _ _ 5. a dividend
12) money paid by a company or the state on your retirement: 6. an investment
a p______ 7. a legacy
13) paid as a punishment for breaking the law: a f _ _ _ 8. maintenance
14) paid to the government for services that the state provides: 9. an overdraft
____s 10. a premium
15) paid while travelling, especially on public transport, buses, 11. royalties
trains, etc.: a f _ _ _ 12. a share
13. a mortgage
3. Put each of the following words or phrases into its cor-
rect place in the text below a) money paid to authors or inventors according to the sale of
their work
banks beads buy change coins currency b) a sum of money used to make more money from something
depositing earn exchange rate goods investments that will increase in value
paper bills savings accounts sell shells value money c) the money which a building society or bank lends to someone
to buy a house
MONEY d) the money that a person pays to an insurance company to
Money is what people use to ...... things. People spend money protect against loss or damage
on ..... and services. Many people save part of their money by ..... it in e) money, usually from a relative, to live on
a bank. People ..... money by performing services. They also earn f) an additional payment which is a reward to those who work
money from ..... , including government bonds, and from ..... . . for a company for their extra work
..... can be anything that people agree to accept in exchange for g) the amount of money borrowed from a bank, greater than that
the things they ..... or the work they do. Ancient peoples used such which is in your account
varied things as ...... , ...... , and cattle as money. Today, most nations h) money received from someone in his or her will
use metal coins and ..... . Different countries' ..... and bills look different i) the amount of money that goes to a shareholder
j) money paid by divorced or separated people to support the
and have different names.
former husband or wife
A person can ..... his money for the money of any country
k) part of the value of a company that you may buy
according to the ..... . Usually, such rates are set by the central ..... of a
1) part-payment of money which you make to stop the seller
country. The ..... of a country's ..... may change, depending on the from selling his goods to others m) an amount of money, related to the
economic and political conditions in that country. value of goods sold, which is paid to a salesman for his services
4. Match the definitions with the correct money word. 5. Choose the correct answer.
1. an allowance 1. The going ..... for the job is $ 7 an hour.
2. a bonus a) pay b) price c) rate d) wage
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