Money matters 2

money 27 terms 28 questions TOEIC Part 5, Part 6, Part 7

Where the first money lesson separated confusable pairs, this one puts the vocabulary to work in whole sentences: an amount deducted at source, a rebate claimed, assets valued, a project funded, an employee compensated. This is the register of the invoices, expense claims and financial notices that fill TOEIC Part 7.

Your task

Complete each sentence with a word or expression related to money. The list holds every answer you need.

Target vocabulary

afford check owes deducted rebate credit bargains welfare cost funding currency finances assets compensation capital subsidized sponsored yield profitable earnings fortune down payment budget audit debts charge rate

Practice

Word bank

1 The US dollar is very weak at the moment, so fewer people can ________ to take a vacation overseas.

2 Payment can be made by cash, ________ or credit card.

3 The company ________ the bank almost $2 million, which it is currently unable to pay back.

4 Thank you for your order. Your goods have been despatched, and the sum of $17.50 will be ________ from your account within the next five days.

5 Last year we paid too much tax (over $10,000 too much in total), so this year we hope to get a ________ for the same amount.

6 Aviva Ltd is happy to offer new customers interest-free ________ for the first six months. After that, an interest rate of 18% will apply.

7 The sale begins next week. Customers can expect some fantastic ________, including a flat-screen home cinema package for less than $500.

8 Most people who lose their jobs end up on ________, although many say they are too embarrassed to receive government handouts.

9 The ________ of living goes up every year. This is partly due to inflation, and partly due to increased taxation.

10 The city hopes to start building a new library next year, provided it can get government ________ to begin the project. The minimum amount it hopes to receive is $750,000.

11 The US dollar is a hard ________ and can be easily exchanged for those from other countries.

12 The company's ________ are handled by an accountant from the one of the city's biggest financial firms.

13 The company has lost a lot of money recently, and may be forced to sell some of its ________, including the company jet and two office blocks in Manhattan.

14 The airline will offer passengers up to $500 ________ for lost luggage or damage to personal property.

15 Before you start your own company, it is essential to have enough ________ to start it up and keep it running until it begins to make a profit.

16 The city has an excellent public transport system which is ________ by local government so that it can keep its fares low.

17 The latest art exhibition to be shown at the Metropolitan is a collection of photographs and paintings of chocolate. Not surprisingly, it is being ________ by the country's biggest chocolate manufacturer, Hoggychocs.

18 We have invested over $2 million in the company, but unfortunately the ________ has been very low and we are considering selling our stocks.

19 I didn't think the project would make us much money, but in fact it was extremely ________, and we made over $30,000!

20 My job doesn't pay very well. In fact, my ________ are not enough to pay the rent.

21 Many people think that all writers make a ________ from their books, but unfortunately this is rarely true.

22 The computer costs $1500, but you do not need to pay for it all at once: you can make a ________ ( 2 words ) of $200, and pay for the rest later.

23 We have increased our publicity ________ by $600,000, giving us a total of over $3 million to spend on advertising.

24 Every year the company's accounts are checked carefully for any mistakes. This annual ________ also helps us to identify areas where we could improve our sales record.

25 Our ________ are rapidly increasing. Last month they were $20,000, and this month they are $32,000. I don't know how we're going to pay them off.

26 If your order costs over $50, delivery is free of ________.

27 If you make a reservation in advance, the hotel can offer you a special ________ of $65 a night, including breakfast.

28 When the dollar is strong it can buy more foreign __________, which means that more people are inclined to travel abroad.