English vocabulary: Money
Here are some ways to talk about money in English.
How much something is
expensive = costs a lot of money: "My new PC wasn't expensive."
cheap = doesn't cost a lot of money: "That meal was very cheap."
it's a bargain = it costs less than you thought: "This car is a real bargain!"
to afford = have the money for something:
"I can't afford a holiday this year."
"Can we afford a new car?"
How much does it cost? / How much do they cost?
(it = for singular or uncountable nouns; they = for plural nouns)
How much is it? / How much are they?
It costs … (£10)
It comes to … = what the total amount is: "It comes to £25."
The total (amount) is … (£25)
Other useful vocabulary
bill = the piece of paper with the amount to pay (in a restaurant this is also called "check" in American English)
"Can we have the bill please?"
invoice = the bill a company sends, with other financial and legal information: "Please send me your invoice for payment"
cost (noun and verb) = the amount you need to pay: "What's the cost of two first-class tickets?"
price = how much you pay to buy something: "House prices are very high at the moment."
The verb "to pay"
pay: "I need to pay the gas bill."
pay for: "Can you pay for the shopping this week? I don't have any money."
"How much did you pay for your TV?"
pay someone: "She pays her employees every week."
pay in cash = pay with notes and coins
pay by credit card: "Can I pay by credit card?"
pay by bank transfer: "Please pay for these services by bank transfer. Our account details are …"
pay online / on your phone = pay via a website or with mobile banking
In British currency we have pounds and pence:
£3 = three pounds
50p = fifty pence
To give the full amount (where you have two parts, such as pounds and pence, dollars and cents, euros and cents, etc) follow this order:
the amount in dollars / pounds / euros
the currency name (ie dollars, pounds)
the amount in cents / pence
£5.30 = five pounds thirty
$10.50 = ten dollars fifty
€9.60 = nine euros sixty
You can also add "and" after the currency:
five pounds and thirty pence
ten dollars and fifty cents
nine euros and sixty cents
Be careful with word stress.
60 = sixty (with the stress on six)
16 = sixteen (with the stress on teen)
More money vocabulary
change = when you give a larger amount than the price, and get back the difference:
"Here's your change."
a note = paper money
a coin = metal money
a currency = the money in a country, such as pounds, euros, dollars, rupee, etc
to earn money = to get money from your job: "How much do you earn?"
to save money = to not spend all the money you get: "We save money every month."
to make money = have a business or activity that earns money: "He makes a lot of money from his company."
salary = what you get from your job every month (often by bank transfer)
wages = what you get from your job every week (often in cash)
pocket money = the money parents give their children to spend every week
pension = the money you get from the government when you stop working after the age of 65 (for example)
pensioner = the person who has a pension
Congratulations - you have completed Money exercise.
You scored %%SCORE%% out of %%TOTAL%%.
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