Money matters 1
money
26 terms
TOEIC Part 5, Part 6, Part 7
This lesson is built on pairs that learners routinely swap: lend and borrow, discount and refund, insolvent and bankrupt, in the red and in the black, worthless and priceless. Each pair is a plausible distractor for the other, which is exactly why TOEIC Part 5 uses them. Work through the differences before you meet them under time pressure.
How to use this list
Each line pairs two terms that are easy to confuse. Check that you can state the difference before moving on.
Target vocabulary
to lend / to borrow
a discount / a refund
insolvent / bankrupt
a bank statement / a bank balance
in the red / in the black
to make a profit / to make a loss
undercharged / overcharged
overpriced / exorbitant
to save / to invest
a wage / a salary
extravagant / economical
a loan / an overdraft
worthless / priceless
a pension / redundancy pay
a dividend / a royalty
tax / duty
to deposit / to withdraw
income / expenditure
credit / debit
gross / net
a creditor / a debtor
interest / commission
an estimate / a quotation
a receipt / an invoice
wealthy / well-off
broke / hard up
This lesson is a word list. Its exercise is not published: the source we imported it from lost the formatting the questions relied on, and a key we cannot verify is worse than no key.