Finance and Currency

the official currency of Japan, abbreviated as ¥, used for financial transactions and pricing in Japan

The cost of the meal was 2,000 ¥.

the official currency of India and several other South Asian countries

to observe and pay attention to something

As she walked through the garden, she noted the vibrant colors of the flowers.

a ten-cent coin of Canada and the US

He placed a dime in the vending machine to buy a small piece of candy.

a portion that represents one-fourth of a whole

He ate a quarter of the chocolate bar and saved the rest for later.

an entry indicating an increase in assets or an expense, and a decrease in debts or income

The accountant recorded the purchase as a debit.

to do something risky that may result in a loss or failure, hoping to achieve what one wants

She decided to gamble on a new business idea, even though the market was unpredictable.

something that is used as an encouraging and motivating factor

The opportunity to travel abroad was a great incentive for volunteers to participate in the program.

an amount of money not spent

Growing your own vegetables can lead to a saving in grocery expenses during the harvest season.

a sum of money that is borrowed from a bank which should be returned with a certain rate of interest

She took out a loan to buy her first home, which she plans to repay over 30 years.

an amount of money or a favor that is owed

After years of diligent saving, he finally managed to pay off his student debt.

a deficit in a bank account caused by withdrawing more money than is available

The bank charged a fee for the overdraft on her account.

to impose a financial charge by the government on income, goods, services, or properties to generate revenue for public services and functions

Governments often tax income to generate revenue for public services and infrastructure.

a bank account that allows frequent deposits and withdrawals, typically using checks, with no prior notice required

They offer free banking services with their current account.

money that is lost by a company, organization, or individual

The business reported a significant loss for the quarter due to declining sales.

money that a person earns, daily or weekly, in exchange for their work

The company increased the minimum wage for its employees to attract and retain talent.

the condition of lacking enough money or income to afford basic needs like food, clothing, etc.

Many families in the area live in poverty and struggle to access basic services.

the additional money we give someone such as a waiter, driver, etc. to thank them for the services they have given us

The hotel porter received a tip for carrying the luggage to the guests' room.

something that is voluntarily given to someone or an organization to help them, such as money, food, etc.

She made a donation to the local animal shelter.

a tax paid on goods imported or exported

The government imposed a tariff on imported steel to protect domestic producers.

money that a person can get in cash when buying something from a store with their debit card, which is then added to the bill they are paying

The credit card offers cash-back rewards for every purchase made, providing a percentage of the total amount spent back to the cardholder.

a machine that is used in restaurants, stores, etc. to calculate the overall price of something, store the received money, and record each transaction

The cashier quickly rang up the items at the till, making sure to give the customers their change.

to seek financial contributions or donations for a particular cause, organization, or event

They fundraised tirelessly to support cancer research.

a regular payment made to a retired person by the government or a former employer

My grandfather's pension allows him to travel during his retirement.

a person or entity that lends money to other people or organizations

a decentralized digital ledger that records transactions across multiple computers securely

a digital or virtual form of currency secured by cryptography

Bitcoin is a popular type of cryptocurrency.

a decentralized digital currency