Glossary 3: Personal Finance

Glossary 3: Personal Finance

1. 1.       Branch
2. 2.       High street bank
3. 3.       Current account
4. 4.       Joint account
5. 5.       “in the black”
6. 6.       “go into the red”
7. 7.       Overdraft
8. 8.       High interested rate
9. 9.       Deposit account=savings account
10. 10.   “buying with plastic”
11. 11.   Pay off
12. 12.   Mortgage
13. 13.   Queue
14. 14.   Bank statement
15. 15.   Banking charges
16. 16.   Account balance
17. 17.   Demutualized
18. 18.   Windfall
19. 19.   Unit trusts(BrE)=Mutual funds(AmE)
20. 20.   Company pension scheme
21. 21.   State pension