Money Business Vocabulary

Words and phrases used talking about money, with definitions - free for students of business English who need to learn business vocabulary. Business English for ESL learners.

If you want to be successful in business, it's important to have a strong grasp of money-related vocabulary. From terms like "net profit" to "liquid assets," understanding the language of business finance is essential.

One of the most important things to understand is the difference between assets and liabilities. Assets are anything that has monetary value and can be used to generate income. Liabilities, on the other hand, are anything that costs money.

  • Bank charge - money that a customer pays to a bank for its services.
  • Bank statement - a document that keeps record of the money put into and taken out of a bank account.
  • Broke - without money. "I can't afford to go out tonight. I'm broke."
  • Cheque - a printed form, used instead of money, to make payments from your bank account.
  • Currency -  the money that is used in a particular country.
  • Debt - money which is owed to someone else.
  • Draft - a written order for money to be paid by a bank, especially to another bank.
  • Exchange - to give something to someone and receiving something in return. "The skirt I bought was too small so I exchanged it for a bigger one."
  • Funds - an amount of money that has been saved or has been made available for a particular purpose. "The company does not have the funds to buy new equipment."
  • Haggle - to argue with somebody in order to reach an agreement about the price of something.
  • Inherit - to receive money from somebody when they die.
  • Interest rate - the per cent of an amount of money which is charged or paid by a bank or other financial company.
  • Invest - to put money into something to make a profit.
  • Loan - a sum of money which is borrowed, often from a bank, and has to be paid back.
  • Rate - an amount or level of payment.
  • Save - to prevent money being wasted or spent.
  • Transfers - when money moves from one place to another e.g. from one bank account to another.
  • Withdraw - to take out or remove money from the bank.


In order to make money, businesses need to generate more revenue than they have in expenses. The difference between these two numbers is called the "net profit." To achieve a positive net profit, businesses need to bring in more money through sales than they spend