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Finance and Currency Vocabulary Set in IELTS General Training (Band 6-7): Full and Detailed List

The 'Finance and Currency' vocabulary set in 'IELTS General Training (Band 6-7)' is carefully selected from standard international textbook sources, helping you master vocabulary in a short time. Comprehensive compilation of definitions, illustrative examples, and standard pronunciation...

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yen

/jen/

rupee

/ˈruː.piː/

note

/noʊt/

Example:

I made a note of her address.

dime

/daɪm/

Example:

He found a shiny dime on the sidewalk.

quarter

/ˈkwɔːr.t̬ɚ/

Example:

She cut the apple into quarters.

debit

/ˈdeb.ɪt/

Example:

The bank made a debit of $50 from my account.

gamble

/ˈɡæm.bəl/

Example:

He likes to gamble on horse races.

incentive

/ɪnˈsen.t̬ɪv/

Example:

The bonus served as a strong incentive for employees to work harder.

savings

/ˈseɪ·vɪŋz/

Example:

She put all her savings into a new house.

loan

/loʊn/

Example:

She took out a bank loan to buy a new car.

debt

/det/

Example:

He is struggling to pay off his student debt.

overdraft

/ˈoʊ.vɚ.dræft/

Example:

I incurred an overdraft when I withdrew more money than I had in my account.

tax

/tæks/

Example:

The government increased the sales tax.

current account

/ˌkɝː.ənt əˈkaʊnt/

Example:

I need to check the balance of my current account.

loss

/lɑːs/

Example:

The company reported a significant financial loss this quarter.

wage

/weɪdʒ/

Example:

He earns a good wage for his hard work.

poverty

/ˈpɑː.vɚ.t̬i/

Example:

Many families in the region live in extreme poverty.

tip

/tɪp/

Example:

He left a generous tip for the waiter.

donation

/doʊˈneɪ.ʃən/

Example:

The charity relies heavily on public donations.

tariff

/ˈter.ɪf/

Example:

The government imposed a new tariff on imported cars.

cash-back

/ˈkæʃ.bæk/

Example:

I got some cash-back at the grocery store.

till

/tɪl/

Example:

Let's wait till tomorrow.

fundraising

/ˈfʌndˌreɪ.zɪŋ/

Example:

The charity organized a successful fundraising event.

pension

/ˈpen.ʃən/

Example:

She is looking forward to her retirement and receiving her pension.

lender

/ˈlen.dɚ/

Example:

The bank is a major lender to small businesses.

blockchain

/ˈblɑːk.tʃeɪn/

Example:

Bitcoin is based on blockchain technology.

cryptocurrency

/ˈkrɪp.toʊˌkɜːr.ən.si/

Example:

Bitcoin was the first cryptocurrency to be created.

Bitcoin

/ˈbɪt.kɔɪn/

Example:

She invested a significant amount of money in Bitcoin.
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