Esl In Ho Chi Minh City

This podcast will introduce you to common banking terms. If you would like a full transcript of this podcast or additional exercises, please write to us at ESLHCMC@gmail.com Here are some of the most common words used in everyday banking: Money = well if you don't know what money is, I cannot help you, please pause this podcast and seek professional help. Welcome back. Okay now that everyone knows what money is let's move on. currency = specific form of money. Such as dollar, dong, or euro. funds = a sum of money denomination = set numerical series of values of a currency. Such as one dollar, two dollars, five dollars, ten dollars, twenty dollars, fifty dollars, and one hundred dollars. Cash = physical money to cash = to exchange a check for the specified cash amount bills = physical paper money change = coins, generally of lower denomination. Also the funds not used and returned in a transaction, commonly used as to give change or to make change to make change = to exchange cash denominations