Vocabulary Flashcards and Quiz of Negotiating Terms During a High-Stakes Meeting โ€“ English for Bank Teller โ€“ Medium Level

Interest rate
The percentage charged on a loan.
Processing fee
A charge for handling the loan.
Loan term
The length of time to repay a loan.
Budget
A plan for how to spend money.
Monthly payments
Money paid every month to repay a loan.

Click a card to flip it and reveal the meaning.

2. Match the words with their meanings
Interest rate
Processing fee
Loan term
Budget
Monthly payments
The percentage charged on a loan.
A plan for how to spend money.
A charge for handling the loan.
The length of time to repay a loan.
Money paid every month to repay a loan.

Drag the cards on the right so each lines up with the correct item on the left.

3. What does โ€œInterest rateโ€ mean?
4. What does โ€œProcessing feeโ€ mean?
5. What does โ€œLoan termโ€ mean?
6. What does โ€œBudgetโ€ mean?
7. What does โ€œMonthly paymentsโ€ mean?

Practice more with this lesson:


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