Financial words

• branch


   a part of of a larger company,they are just physically present in multiple locations. Having this type of set up allows the company to have a wider reach and provide services to a larger number of people.
• overdraft


  when you don't have enough money in your account to cover a transaction, but the bank pays the transaction anyway.[takes more money than you have in your account].
• account


  holds your money.
• formalities

  procedures, traditional rules.
• interest


  extra money you pay for taking a loan.
• mortgage


  a loan to purchase property.
• pocket money


  money given by parents to children.
• savings account


  an account that is used for keeping money.
• current account


  an account for day-to-day use.
• pension


  money paid to people after a certain age.
• disability allowance


  government money paid to disabled people.
• child benefit


  government money to help with a family.
• grant


  money given by the government for education.
• income


  your annual salary plus any other money you earn.
• to spend a fortune

  paying/spending an extremely large amount of money.
• to make ends meet


  earn just enough money to live on.
• to have money to burn


   They have more money than they need or that they spend their money on things that you think are unnecessary.
• to invest money in something

  to put money into something to make a profit or get an advantage.
• to borrow heavily

  to take a large amount of money from a bank.
• to supplement my income

  extra money earn on top of their regular wages.
• to stay afloat


  when a business is struggling to survive, or a person is struggling to keep their finances in order.