Advanced Vocabulary - To Use a Bank Account

To Use a Bank Account

bank verb

to have a bank account with a particular bank.

bank verb

to pay money into a bank account.

borrow verb

to borrow money, especially from a bank, and agree to pay it back at a particular time. Money that you borrow is called a loan.

close verb

business to stop having an account with a bank, shop etc.

credit verb

to add an amount of money to an account.

debit verb

if a bank debits your account, it takes money out of it for a particular purpose.

debit verb

to show that an amount of money is owed by recording it in a company’s accounts or on a bank statement.

deposit verb

to pay money into a bank account.

draw verb

to take money from a bank account.

mortgage verb

to give a bank the right to own a valuable possession, especially your house, if you do not pay back money that you have borrowed from them.

open verb

to start an account with a bank.

pay in

to put money into your bank account.

pay into

British to put money into your bank account.

save verb

to regularly put money in a bank or invest it so that you can use it later.

secure verb

business formal to get money from a bank or from a person by agreeing to give them goods or property if you cannot return the money.

siphon verb

to move money from one bank account to another, especially illegally or dishonestly.

syphon

another spelling of siphon.

transfer verb

to move money from one account or bank to another.

wire verb

to send money directly from one bank to another using an electronic system.

withdraw verb

to take money from a bank account.






total words = 20