ELL – 4 Consumerism
Vocabulary
Name: ____________________________
1. Buy (v.) Synonym: Purchase
Antonym: Sell
Did you buy a new car last year? Yes, I bought a new car.
2. Own (v.)
Have you ever owned a sports car? No, I’ve never owned a sports car.
3. Rent (v., n.) Synonym: Lease
Do you rent or own your residence? I rent. I own.
4. Security Deposit (n.)
Does the landlord require a security deposit? Yes, she requires a deposit.
5. Landlord (n.) Synonym: Lessor
6. Tenant (n.) Synonym: Renter, Lessee
Do you know the tenants in your apartment building? No, I don’t know
them.
7. Lend (v.) Synonym: Loan (v., n.)
Can you lend me $5? Sure, I can lend you the money.
8. Borrow (v.) Synonym: Finance
Did you borrow money for your spouse’s wedding ring? No, I didn’t.
9. Qualify (v.)
Have you ever qualified for a loan? Yes, I’ve qualified for a home loan.
10. Owe (v.)
Did you owe taxes to the government on April 15th? Yes, I owed taxes.
11. Pay off (v.)
Do you pay off your credit card balance every month? Yes, I pay it off.
12. Down payment (n.) Synonym: Deposit
Will you make a down payment on a house this year? Yes, I will.
13. Installment (n.)
How much is the monthly installment on your car loan? It’s $250 a month.
14. Credit (n.)
Do you use a credit card very often? Yes, I use a credit card often.
15. Mortgage (n.)
Did you have a mortgage on your home in your native country?
16. Interest Rate (n.)
What is the interest rate on your home mortgage?
17. Budget (n., v.)
Do you have a monthly family budget? No, I don’t budget my money.
18. Expense (n.) Synonym: Bill Antonym: Income
Do you have more income than expenses? No, I don’t save any money.
19. Asset (n.) Antonym: Liabilities
Do you have any assets other than your home? Yes, I own some gold.
20. Invest (v.) Investments (n.)
Have you ever invested any money in the stock market? No, I haven’t.
21. Shop (v., n)
What do you like to shop for? I like to shop for shoes.
22. Receipt (n.)
Do you need a receipt to receive a refund? Yes, I need a receipt.
23. Return (v., n.)
What is the reason for your return? I didn’t like the color.
24. Return policy (n.)
25. Exchange (v.)
26. Refund (v., n.)
Do you want an exchange or a refund?
27. Sale (n.) Synonym: Discount
Is this shirt on sale? Yes, it’s 20% off today only.
28. Coupon (n.)
Have you ever shopped with a coupon? Yes, I saved $1.00 off the regular
price of my favorite cereal.
29. Warranty (n.)
Does that toaster have a warranty? Yes, it has a one year warranty.
30. Cover (v.)
Coverage (n.)
What does this car warranty cover? It covers the motor and drive train only.
31. Defect (n.)
Defective (adj.)
This product is defective. Can I get a refund? Yes, if you have the receipt.
32. Bank account (n.) (Checking, Savings)
Do you have a bank account at Wells Fargo or USBank?
33. ATM Card (n.) Synonym: Bank Card
Did you have a bank card in your native country? Yes, I had a bank card.
34. Credit Card (n.)
Do you have a credit card? Yes, I have a Visa card.
35. Deposit (v., n.) Antonym: Withdraw (v.) Withdrawal (n.)
Do you have automatic deposit for you paycheck? Yes, I do.
36. Balance (v., n.)
Do you balance your check book every month? No, I don’t balance my
check book every month.
37. Overdraft (n.)
Do you have overdraft protection on your checking account? No, I don’t. I
pay a large fee if I write too many checks.
38. Fee (n.)
Do you pay a fee to withdraw money using your bank card? Yes, I pay $2
for every withdrawal.