A money in coins or notes, as distinct from cheques, money orders, or credit. B

Vocabulary

Match the words (1-8) WITH THE DEFINITIONS (A-H).

1 __debit card 5 __wire transfer

2 __payment 6 __traveler's cheques

3 __cash 7 __ prepaid card

4 __pay 8 __remittance

A money in coins or notes, as distinct from cheques, money orders, or credit.

B  a card you can use to pay for things. You buy a card with money loaded on it. Then you can use the card to spend up to that amount.

C a card allowing the holder to transfer money electronically from their bank account when making a purchase.

D  an electronic transfer of funds via a network that is administered by hundreds of banks and transfer service agencies around the world. The transfer can also be made in cash at a cash office. E  a payment of money that is transferred to another party. Broadly speaking, any payment of an invoice or a bill can be called

F the action or process of paying someone or something or of being paid.

"ask for a discount for payment by cash".

G give (someone) money that is due for work done, goods received, or a debt incurred.

H Traveller's cheques are special cheques that you can exchange for local currency when you are abroad.