Master C2-level vocabulary related to banking & services. Highly precise, academic mastery.
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Which word means "A tip given to service workers; a lump sum paid on retirement"?
Answer: gratuity
Which word means "A financial institution that accepts savings and makes mortgage loans"?
Answer: savings and loan association
Which word means "An institution that facilitates the exchange of payments between banks"?
Answer: clearing house
Which word means "An arrangement by which a bank extends a specified amount of credit"?
Answer: line of credit
Which word means "Technology applied to improve and automate financial services"?
Answer: fintech
Which word means "The total amount saved in a pension fund"?
Answer: pension pot
Which word means "Money paid by a parent for the financial care of a child after separation"?
Answer: child support
Which word means "Government financial assistance given to corporations"?
Answer: corporate welfare
gratuity
A tip given to service workers; a lump sum paid on retirement
savings and loan association
A financial institution that accepts savings and makes mortgage loans
clearing house
An institution that facilitates the exchange of payments between banks
line of credit
An arrangement by which a bank extends a specified amount of credit
fintech
Technology applied to improve and automate financial services
pension pot
The total amount saved in a pension fund
child support
Money paid by a parent for the financial care of a child after separation
corporate welfare
Government financial assistance given to corporations
giro
A credit transfer system operated through banks or post offices
liquidate
To wind up a business and distribute its assets; to convert to cash
net asset value
The total value of an entity's assets minus its liabilities
endowment
A gift of money or property to an institution; a natural talent
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Master C2-level vocabulary related to banking & services. Highly precise, academic mastery. Includes 12 multiple choice questions. 12 vocabulary words...
Which word means "A tip given to service workers; a lump sum paid on retirement"?
Which word means "A financial institution that accepts savings and makes mortgage loans"?
Which word means "An institution that facilitates the exchange of payments between banks"?
Which word means "An arrangement by which a bank extends a specified amount of credit"?
Which word means "Technology applied to improve and automate financial services"?
Which word means "The total amount saved in a pension fund"?
Which word means "Money paid by a parent for the financial care of a child after separation"?
Which word means "Government financial assistance given to corporations"?
Which word means "A credit transfer system operated through banks or post offices"?
Which word means "To wind up a business and distribute its assets; to convert to cash"?
Which word means "The total value of an entity's assets minus its liabilities"?
Which word means "A gift of money or property to an institution; a natural talent"?
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