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Verbs Used in Banking Activities

The document outlines various verbs related to banking activities, including withdraw, deposit, tap, wire, pay off, take out a loan, and save. It provides examples of how these verbs are used in sentences, particularly in the context of personal finance management. Additionally, it includes a narrative about a character named James managing his finances using these banking terms.

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74 views2 pages

Verbs Used in Banking Activities

The document outlines various verbs related to banking activities, including withdraw, deposit, tap, wire, pay off, take out a loan, and save. It provides examples of how these verbs are used in sentences, particularly in the context of personal finance management. Additionally, it includes a narrative about a character named James managing his finances using these banking terms.

Uploaded by

barbara.siliquini.bs
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Money talk: Verbs used in banking activities

withdraw: to remove or take out money from a bank account


Tourists withdraw cash from the ATM before going to the farmer's market.

deposit: to put money into a bank account


Kurt and Fred deposit the shop's sales in the bank every Friday.

tap: to put a card on top of a card machine in order to pay


Passengers can tap their card on the machine to pay for train tickets.

wire: to send money electronically from one account to another


Customers wire money to the seller to pay for their orders.

pay off: to give back money owed to a person or to a bank


Huzon Company will pay off its $5 million loan in 10 years.

take out a loan: to borrow money from a bank in order to buy something
Mefar Company will take out a loan to buy a truck.

save: to keep money in a bank for future use


Greg plans to save $20,000 to buy new machines for his factory.

withdraw
withdrawal
deposit
tap
wire
pay off
take out a loan
save

James walked into the bank early in the morning, ready to ______ his paycheck. He had
been working hard to ______ for a vacation, but unexpected expenses kept coming up.

After checking his balance, he decided to ______ some cash for the week. As he stood at
the ATM, he ______ his card and entered his PIN. The machine processed his ______, and
within seconds, he had the money in his hands.

Later that day, James realized he still had a big credit card bill to ______. He considered his
options—maybe he could ______ to cover it. But instead, he decided to transfer some funds
through a ______ transfer to avoid extra debt.

With his finances sorted for the moment, he promised himself that next month, he would
focus more on ______ rather than spending.
Solution

James walked into the bank early in the morning, ready to deposit his paycheck. He had
been working hard to save for a vacation, but unexpected expenses kept coming up.

After checking his balance, he decided to withdraw some cash for the week. As he stood at
the ATM, he tapped his card and entered his PIN. The machine processed his withdrawal,
and within seconds, he had the money in his hands.

Later that day, James realized he still had a big credit card bill to pay off. He considered his
options—maybe he could take out a loan to cover it. But instead, he decided to transfer
some funds through a wire transfer to avoid extra debt.

With his finances sorted for the moment, he promised himself that next month, he would
focus more on saving rather than spending.

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