Глоссарий. Banking.

Banking Vocabulary

This page shows 20 words and phrases typically used in banking, which you can also find in the EnglishClub ebook Essential Business Words.

 

term

meaning

1

balance

n. the difference between credits and debits in an account

2

bank charges

n. money paid to a bank for the bank's services etc

3

branch

n. local office or bureau of a bank

4

checkbookUS

n. book containing detachable checks; chequebookUK

5

checkUS

n. written order to a bank to pay the stated sum from one's account; chequeUK

6

credit

n. money in a bank a/c; sum added to a bank a/c; money lent by a bank - also v.

7

credit card

n. (plastic) card from a bank authorising the purchasing of goods on credit

8

current account

n. bank a/c from which money may be drawn at any time; checking accountUS

9

debit

n. a sum deducted from a bank account, as for a cheque - also v.

10

deposit account

n. bank a/c on which interest is paid; savings accountUS

11

fill inUK

v. to add written information to a document to make it complete; to fill outUS

12

interest

n. money paid for the use of money lent - interest rate n.

13

loan

n. money lent by a bank etc and that must be repaid with interest - also v.

14

overdraft

n. deficit in a bank account caused by withdrawing more money than is paid in

15

pay in

v. [paid, paid] to deposit or put money in to a bank account

16

payee

n. person to whom money is paid

17

paying-in slip

n. small document recording money that you pay in to a bank account

18

standing order

n. an instruction to a bank to make regular payments

19

statement

n. a record of transactions in a bank account

20

withdraw

v. [-drew, -drawn] to take money out of a bank account - withdrawal n.



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