1. Money
Intermediate Lesson 3

2. Today we are going to learn:
Words and phrases related to the topic of money
The difference between some confusing words related to the topic of money

3. - Hi Maria, I really need a coffee but I'm broke
- Hi Maria, I really need a coffee but I'm broke. Could I borrow some money from you? - Well, I'd love to, but you know, I never lend money to my friends because you know what they say 'lend your money and lose your friend'. - But I promise to pay it back tomorrow. I always pay off all my debts. Besides, it isn't that much. I'm only asking for 5 quid.

4. - Well, ok. Hold on a minute. But I'm not sure I've got a 5 pound note
- Well, ok. Hold on a minute. But I'm not sure I've got a 5 pound note. We need to break it. - You know, don't bother. I'll go to the nearest cash machine and withdraw some money. I need it anyway, I was planning to go shopping after the lesson. Thanks anyway.

5. Glossary: I’m broke To borrow from To lend to To pay back
To pay the debt off
Quid
A note
To break a banknote
A cash machine
To withdraw

6. To be broke – to be without money
Lend to – give money (lend/lent/lent)
Borrow from – take money from someone
e.g. Could you lend me some money?
Could I borrow some money from you?

7. Debt /det/ – money you owe.
To be in debt to someone.
I'm in debt to Maria.
To run up a debt (to increase a dept).
I ran up huge debts.
To pay off a debt (to return all the money).
Martin has to pay his debts off in July.

8. What's the difference between a bill and a receipt?
A bill is a document which says how much money should be paid for the service or product.
Could we have the bill, please? (in a restaurant)
electricity/gas/phone bill
A receipt /risi:t/ is a document which proves you have already paid for something.
I always keep the receipts from the supermarket.

9. ?

10. What's the difference: ATM/cash machine/cash point?
Cash machine/cash point is common in Britain.
I will go to the nearest cash point.
ATM (automated teller machine) is common in the USA.
Is there an ATM near here?

11. Quid is an informal for a pound. The plural form of quid is quid.
What's quid?
Quid is an informal for a pound. The plural form of quid is quid.
e.g. I'm only asking for 5 quid.
10 quid

12. What’s a note?
Paper money
Metal money
coin

13. To change a note into smaller ones.
To break a note.
To change a note into smaller ones. =

14. Correct the mistakes 1. I broke. 2. Could I lend some money from you?
3. Could you borrow me 10 quids?
4. We've finished our meal. Let's ask for a receipt.
5. I always keep all the bills from the supermarket.

15. Today we have learned: Words and phrases related to the topic of money
The difference between some confusing words related to the topic of money