Flashcards › Week #3 Vocabulary
currency that cannot legally be refused in payment of a debt legal tender a cash fund for small, everyday expenses petty cash currency that will probably fall in value and is not readily accepted soft currency (risky) buying of foreign currency, land etc for rapid gain speculate a (usually commercial) exchange; a deal transaction the difference between credits and debits in an account balance money paid to a bank for the bank's services etc bank charges local office or bureau of a bank branch book containing detachable checks checkbook written order to a bank to pay the stated sum from one's account check money in a bank a/c; sum added to a bank a/c; money lent by a bank credit (plastic) card from a bank authorising the purchasing of goods on credit credit card Money and Banking