Are you curious about the myriad of terms in English that revolve around money? From cash to currency and dough, the words related to money in English are essential to anyone who wants to improve their financial literacy.
Common Words Related to Money in English with Meaning
Here is a list of words associated with money with meaning and example sentences.
| Money related vocabulary | Meaning | Examples |
|---|---|---|
| Dough | an informal way to say money. | I do not want to work, but I need the dough. |
| Cash | money in coins or notes rather than in credit cards or cheques. | Can we eat in? I am short of cash today. |
| Account | arrangement that you have with a bank to keep your money there. | When we moved to New York, one of the first things I did was open a bank account. |
| Cashpoint | cash machine. | I am looking for the nearest cashpoint to get some money out. |
| Currency | money in use in a particular country. | I need some local currency to get from the airport to the hotel. |
| Credit card | a card authorizing purchases on credit | I should call my accountant to help me with my business accounts. |
| Cheque | We do not accept cheques in our shop. | |
| Purse | a small bag for carrying money, cards, etc. usually used by a woman. | She has a leather purse. |
| Capital | money with which a business is started. | We have put 20,000 dollars into our new project. |
| Loan | money that you borrow from a bank. | He took out a loan to buy a new car. |
| Income | money that you earn from various sources such as your job, investment, etc. | We should help people with low incomes. |
| Expenses | the money you spend on goods, services, etc. | Your travel expenses will be refunded by the company. |
| Investing | the act of putting your money into various assets like real estate, stocks, etc. to earn a profit. | I am thinking of investing a big amount of my money in real estate. |
| Interest | the cost of borrowing money; a percentage of the total loan amount. | The interest rate is high. |
| Savings account | a bank account that allows you to save money and earn interest on your deposits. | I need to open a savings account soon. |
5 Positive Words to Describe Money in English with Meaning
- Monetary
Of or relating to money, banking, or investment.
- Financial
Relating to finance and money.
- Bankable
It’s likely to make money.
- Moneyed (also monied)
Having goods or money in abundance.
- Chrematistic
Relating to or occupied in the gaining of wealth.
5 Verbs Related to Money with Meaning
Here is a list of 5 verbs related to money in English with meaning:
| Verbs related to money | Meaning |
|---|---|
| Save | to keep money so that you can use it later. |
| Save up | to set money aside for future use. |
| put aside | to save money for a specific purpose. |
| Borrow | to take money from a bank or a person and pay it back over a period of time. |
| Lend | to give (someone) the use of money, especially in return for interest paid on it. |
10 Money Idioms
Here are 10 idioms on money with meanings:
- Time is money
Time is a valuable resource; therefore, it’s better to do things as quickly as possible.
- Money talks
This proverb means that wealth gives power and influence to those who possess it.
- On the money
Accurate; correct (North American)
- Be made of money
Be very rich (informal)
- Have money to burn
Have so much money that you can spend as lavishly as you want.
- For my money
In my opinion /For my taste or preference.
- Money does not grow on trees
Used to remind somebody that they should not spend money carelessly as it is limited.
- Save/keep money for a rainy day
Put money aside for a time when it might be needed unexpectedly.
- Tighten your belt
Spend less money than you did before because you have less money.
A penny saved is a penny earned
Used to encourage others to save money.
Having a strong grasp of money-related vocabulary is not only essential for managing your finances, but it can also be useful in various professional settings.
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