Finance & Money
B1 words for finance, banking, and money
Overview
9 B1-level words for finance, banking, and money.
Words
currency /ˈkʌɹ.ən.si/
noun — B1
Meaning: Money or other items used to facilitate transactions.
Example:
- Wampum was used as a currency by Amerindians.
- She talked about the currency.
Collocations: the currency, a currency of, currency is important
discount /dɪsˈkaʊnt/
noun — B1
Meaning: A reduction in price.
Example:
- This store offers discounts on all its wares. That store specializes in discount wares, too.
- Merchants sometimes discount five or six per cent for prompt payment of bills.
Collocations: the discount, a discount of, discount is important
financial /faɪˈnænʃəl/
adjective — B1
Meaning: Related to finances.
Example:
- For financial reasons, we’re not going to be able to continue to fund this program.
- It’s a financial situation.
Collocations: very financial, quite financial, extremely financial
Word family: finance (dt./đt.) → financial (tt.) → financially (trt.)
luxury /ˈlʌk.ʃə.ɹi/
adjective, noun — B1
Meaning: Very wealthy and comfortable surroundings.
Example:
- The result was very luxury.
- It’s a luxury situation.
Collocations: very luxury, quite luxury, extremely luxury
Word family: luxury (dt.) → luxurious (tt.)
payment /ˈpeɪmənt/
noun — B1
Meaning: The act of paying.
Example:
- The payment is very important.
- She talked about the payment.
Collocations: the payment, a payment of, payment is important
receipt /ɹɪˈsiːt/
noun — B1
Meaning: The act of receiving, or the fact of having been received.
Example:
- A balance payable on receipt of the goods.
- to receipt delivered goods
Collocations: the receipt, a receipt of, receipt is important
spending /ˈspɛndɪŋ/
noun — B1
Meaning: Present participle of spend, expenditure.
Example:
- The spending is very important.
- She talked about the spending.
Collocations: the spending, a spending of, spending is important
tax /tæks/
noun, verb — B1
Meaning: Money paid to the government other than for transaction-specific goods and services.
Example:
- The tax is very important.
- She talked about the tax.
Collocations: the tax, a tax of, tax is important
Word family: tax (dt./đt.) → taxation (dt.) → taxpayer (dt.)
value /ˈvæljuː/
noun — B1
Meaning: The quality (positive or negative) that renders something desirable or valuable.
Example:
- The Shakespearean Shylock is of dubious value in the modern world.
- I will have the family jewels valued by a professional.
Collocations: the value, a value of, value is important
Word family: value (dt./đt.) → valuable (tt.) → invaluable (tt.)
Quick Review
| Word | Type | Meaning |
|---|---|---|
| currency | n. | Money or other items used to facilitate transactions |
| discount | n. | A reduction in price |
| financial | adj. | Related to finances |
| luxury | adj./n. | Very wealthy and comfortable surroundings |
| payment | n. | The act of paying |
| receipt | n. | The act of receiving, or the fact of having been received |
| spending | n. | Present participle of spend, expenditure |
| tax | n./v. | Money paid to the government other than for transaction-specific goods and services |
| value | n. | The quality (positive or negative) that renders something desirable or valuable |