Exercise 9

Match the statements below with a word(s) from the box.

building society cash cheque credit card currency deposit fee grant wages income tax in credit interest loan mortgage overdrawn pension receipt rate of exchange salary unemployment benefit (VAT) value added tax withdrawal

1. A word for a document you receive when you buy something.

2. A word for an organisation which lends you money to buy a house or a flat.

3. A word for money you earn from a larger amount of money or pay on money you borrow.

4. Two words for money which is lent to you.

5. Two words for the action of taking out or putting money into a bank account.

6. Three words for methods of paying for things you buy.

7. Two words to describe the status of your account.

8. Two words for money the government takes away from you.

9. Three words to describe the payment you receive for work you do.

10. Two words to do with money from a foreign country.

11. Three words or expressions to describe money which the government may pay you.

Exercise 10

Fill in the table bellow for this or any other country.

Rate of inflation __________ Exchange rate (against the US dollar) __________ Interest rate __________ Basic level of income tax __________ Rate of VAT __________ Monthly state pension __________

Exercise 11

Complete the following sentences. Each (-) represents one letter.

1. I spend about $ 1.5 a week on bus f_ _ _ _.

2. I had to pay d _ _ _ on the Turkish carpet I brought in through the Customs yesterday.

3. Now that Mr Old has retired, he lives partly on his p_ _ _ _ _ _ and partly on the

i _ _ _ _ _ _ _ from his savings account.

4. In spite of its size his family was quite w _ _ _ -off, because he brought in a good

s_ _ _ _ _.

5. Gold would be a good i _ _ _ _ _ _ _ _ _; it’s bound to increase in value.

6. Due to inflation the s_ _ _ _ _ _ _ of living went down by fifteen p_ _ _ _ _ _.

7. I couldn’t buy the house because the bank refused to let me have a m_ _ _ _ _ _ _.

8. You must stop wasting your money on silly things and start s_ _ _ _ _. This is the only solution to your f_ _ _ _ _ _ _ _ troubles.

9. One dollar is e_ _ _ _ to over 5.37 hryvnyas.

10. The v_ _ _ _ of the pound has fallen recently.

11. I want $500-worth of Euro. What is the e _ _ _ _ _ _ _ rate, please?

12. All the workers in our firm get a Christmas b_ _ _ _ of $ 100.

Exercise 12