MONEY

Question 1

spend money on something

Answer 1

means to use money to pay for it

1. I spent $20 on petrol yesterday.

Question 2

waste

Answer 2

is to spend money on things that you don’t need.

1. John wasted all his money on that sports car.

Question 3

lend (to)

Answer 3

means to give money to someone on the condition that they return it.

1. My sister lent me $200. I’ll pay her back when I get paid.

Question 4

borrow (from)

Answer 4

means to ask for and take someone else’s money with the intention of returning it

1. I borrowed $200 from my sister. I’ll pay her back when I get paid.

Question 5

pay (for)

Answer 5

means to give money to a seller in exchange for products or services

1. Tom paid for the taxi.

Question 6

pay back

Answer 6

means to return money that you have borrowed.

1. I need to pay Joe back the money I borrowed from him last week.

Question 7

cost

Answer 7

particular amount of money, you can buy it for that amount.

1. The ring costs €299.

Question 8

charge (for someone) (for something)

Answer 8

means that you ask this person for money in exchange for goods or services

1. The mechanic charged me €50 for fixing my car.

Question 9

save

Answer 9

we don’t use or waste it. Also, when we save (money), it means that we gradually collect money by spending less than what we earn so that we can use it on a future occasion

Question 10

can’t afford

Answer 10

means that you have enough money to pay for it. If you can’t afford something, you are unable to do or buy it because you don’t have enough money.

Question 11

be worth

Answer 11

particular amount

1. The ring is worth over $3,000.

Question 12

withdraw (or take out) money

Answer 12

take money out of an account, either by using a cash machine or going to your bank.

1. I withdrew money from the cash machine.