11-17-2022

Money Vocabulary
ECI
 A rip off. Something crazy expensive that it is unfair.
 Bargain. Ask the seller if it is OK to pay less for the item you want.
You can bargain at yard sales.
 Budget. The amount of money available to spend on something
specific.
 Business negotiation. A formal discussion to reach a beneficial
agreement for all the parties involved.
 Cash. Any kind of money, bills or coins.
 Credit. When you buy/enjoy something promising you will pay later.
 Currency. Money in circulation (dollar, euro, Mexican peso).
 Deal. An agreement between two or more business. As a verb it
refers to doing business in something or with someone.
 Debt. You are in debt when you owe money to someone.
 Discount. When a shop drops prices of items for a limited period.
You can find pretty good discounts on Black Friday, lol.
 Get a good deal. When you pay a low price for something.
 Haggle. Informal synonym of negotiate; to discuss the price of an
item insistently.
 Income. Amount of money a person makes/earns per month/year.
 Industry. The processes, people, tools, factories and things used to
create a product or service.
 Market. A place where you buy and sell items.
 Overpriced.
 Profit//loss. Money you make by selling something compared to its
production cost. // When you give more money in producing a gadget
than what you make after selling it.
 Recession. A period of decreased economic activity where people
lose jobs and things get unaffordable.
 Stingy. Unwilling to spend money.
  Thrifty. To use money very judiciously, without wasting.
 What a bargain! When you buy something for less than normal. You
can also say it is A STEAL! (Not to steal though, stealing is wrong).
 Yard sale/garage sale. People sell their clothes, furniture, and other
items in front of their houses in their yards.

Phrases

Bread and butter. Used for the work you do to earn your basic
income. Being a teacher is my bread and butter.
Break the bank. Use all your money to afford an item. Also used
when you need to express something is far too expensive and you
cannot pay for it.
Give a ball park figure. Giving a rough estimate of some
calculations involving money.
Money doesn’t grow on trees! Used to make fun of someone who
spends money irrationally, without thinking.
Squirrel away money. Squirrels store away food in secret places for
the winter; same thing when a person does that with money.
To be flat broke. To have absolutely no money.

If you have any questions, feel free to ask your teacher (aka me) :)