MONEY ENGLISH VOCABULARY IN USE PRE INTERMEDIATE

 

ENGLISH VOCABULARY IN USE PRE INTERMEDIATE UNIT 19 MONEY

 

A Notes and coins In the UK the currency [type of money used] is sterling [pounds]; in America it is the dollar; in much of Europe it’s the euro. Notes e.g. ten pounds, twenty euros, a ten-pound note, a twenty-euro note Coins (in the UK) e.g. fifty pence (usually spoken as fifty p), a pound, a fifty-pence piece, but a one-pound coin B Managing your money “I’ve had a bank account for a few years now, and I make sure my account is always in credit1. I go to the cashpoint once a week, so I always have some cash2 with me, and I check3 my account online once a week to see how much money I’ve got.” C Money problems “When I went to university, I had to get a student loan1 to pay my fees2. That meant I had to be careful and make sure I didn’t waste money3, but by the time I finished my degree I owed4 a lot. One good thing is that I don’t have to pay it back until I get a job and I’m earning5 a reasonable amount6 of money. At the moment I’m saving up7 for a new laptop; the one I have is very slow and keeps going wrong. I’d love to have a car as well, but I can’t afford8 it.” D Accommodation “This year I’m renting a flat with three friends of mine. We had to pay one month’s rent as a deposit1, but it’s a nice place, quite good value for money2, and the landlord isn’t charging3 us to use his garage.” Language help   We use rent when we pay to use something for a long period of time, e.g. rent a flat. The noun rent is the amount you pay, e.g. The rent is £400 per month. We use hire when we pay to use something for a short period of time, e.g. I hired a bike for the day. Both verbs are used with cars, e.g. We rented/hired a car when we were on holiday. EXERCISES 19.1 Answer the questions as quickly as possible. 1 Is sterling a currency? ______Yes__________ 2 Is a five-pound note worth less than a fifty-pence piece? __________________ 3 If you rent something, do you own it? __________________ 4 If you waste money, do you use it well? __________________ 5 Can you get money from a cashpoint? ________________ 6 If you are in credit, do you have money in your account? __________________ 7 Do you pay back a bank loan? __________________ 8 Is the currency in the United States of America called the euro? __________________ 9 Do you normally get back a deposit? __________________ 10 If you ‘can afford’ something, do you have enough money for it? __________________ 19.2 Which words are being defined? 1 A flat, usually round piece of metal used as money. ______ coin_______________ 2 Money you borrow from a bank. _____________________ 3 Money you pay to someone for a professional service, e.g. a school. _____________________ 4 Money in the form of notes or coins. _____________________ 5 Money you pay to live in a building that you don’t own. _____________________ 6 A machine where you can get money. _____________________ 7 The type of money used in a country. _____________________ 19.3 Rewrite the sentences without using the underlined words and phrases. Keep the same meaning. 1 He’s getting £300 a week in his job. 2 She used the money badly. 3 I don’t have enough money to go. 4 We could rent a car. 5 He asked us to pay £25. 6 I’ve got to pay back a lot of money. 7 I always look at my account carefully. He’s ____ earning £300 a week in his job. __________ She _________________________________ I _________________________________ We could _________________________________ He _________________________________ I _________________________________ I always _________________________________ 19.4 “I’m nearly 20 now, and I’ve been 1____ saving up ______for a car for the last two years. I’ve been putting money into my bank 2_____________, and I try to put in exactly the same 3_____________ every month: £75 from money that I 4_____________ doing a job two evenings a week, and £50 that my parents are lending me each month. That means I now 5_____________ them £1200, but they said I don’t have to 6_____________ them until I’ve got a full-time job. At the moment I’m still living at home, so I don’t have to pay for my 7_____________, although I will start paying my parents a bit of rent when I finish college and get a job.” 19.5

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