Twenty terms to be familiar with associated with the banking and finance industry.

Business English Vocabulary - Banking/Finance

n. the difference between credits and debits in an account

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

n. written order to a bank to pay the stated sum from one’s account

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

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

n. bank a/c from which money may be drawn at any time; checking account (US)

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

n. bank a/c on which interest is paid; savings account (US)

v. to add written information to a document to make it complete

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

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

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

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

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

n. an instruction to a bank to make regular payments

n. a record of transactions in a bank account

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