Vocabulary Exercises with Answers | Money

Vocabulary Exercises with Answers | Money

Click here to download this printable exercise in PDF. Answers are at the bottom of the page.

Exercise 3

Income: Complete the definitions with the following words:

  • pension | maintenance | grant | interest | fee | pocket money | salary | wage | income | bonus

1. A is what you earn weekly.

2. A is what you earn monthly or annually.

3. Your annual salary plus any other money you earn in a year is your

4. A  is paid to a professional for some work – a lawyer, for example.

5 is given by parents to children.

6. People who have retired receive a 

7.  is paid by a man to his ex-wife.

8. is extra money you receive monthly or annually if you keep money in the bank.

9. Some people receive a  once a year if they have done a good job or if the company has had a good year.

10. A is money given to you to help you with your studies or to travel.


ANSWERS

1. A wage is what you earn weekly.

2. A salary is what you earn monthly or annually.

3. Your annual salary plus any other money you earn in a year is your income.

4. A fee is paid to a professional for some work – a lawyer, for example.

5 pocket money is given by parents to children.

6. People who have retired receive a pension.

7. maintenance is paid by a man to his ex-wife.

8. interest is extra money you receive monthly or annually if you keep money in the bank.

9. Some people receive a bonus once a year if they have done a good job or if the company has had a good year.

10. A grant is money given to you to help you with your studies or to travel.

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