34370725
Description
Flashcards by Tamara Herrera, updated more than 1 year ago
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Created by Tamara Herrera
almost 5 years ago
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| Question | Answer |
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ATM
Image:
Atm (binary/octet-stream)
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1. Automated Teller Machine 2. Cash dispenser (UK) |
| Banknote | 1. A piece of paper money 2. Bill (US) |
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Bill
Image:
Bill (binary/octet-stream)
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1. A banknote 2. A piece of paper money |
| Black market | Illegal traffic in officialy controlled commodities such as foreign currency. |
| Bureau de change | Establishment where currencies of different countries may be exchanged. |
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Cash
Image:
Cash (binary/octet-stream)
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1. Coins or bank notes (not cheques) 2. Actual money paid as opposed to credit. |
| Cash dispenser (UK) | 1. Automatic machine from which clients of a bank may withdraw money 2. ATM |
| Cashier | Person dealing with cash transactions in a bank, store, etc. |
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Coin
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Coin (binary/octet-stream)
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A piece of metal money. |
| Currency | The money in general use or circulation in any country. |
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Debt
Image:
Debt (binary/octet-stream)
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Money etc owed by one person to another. |
| Exchange rate | The rate at which one currency can be exchanged for another. |
| Foreign exchange | The currency of other countries. |
| Hard currency | Currency that will probably not fall in value and is readily accepted. |
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Invest
Image:
Invest (binary/octet-stream)
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1. To put money for profit into business, land etc 2. Investment |
| Legal tender | Currency that cannot legally be refused in payment of a debt. |
| Petty cash (UK) | A cash fund for small, everyday expenses |
| Soft currency | Currency that will probably fall in value and is not readily accepted |
| Speculate | 1. (risky) Buying of foreign currency, land etc for rapid gain- Speculation |
| Transaction | 1. A (usually commercial) exchange 2. A deal - to transact |
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