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T: In the exercise you need to choose the most suitable response to each
sentence a) to j) from the sentences 1) to 10). Use each response once only.
a Who do I make the cheque out to? . . . . . 1 Sorry, but it’s not for sale.
b We seem to be spending a lot of money lately. . 2 I’m saving up to buy a new
.... motorbike.
c The house has burnt down! What are we going 3 Perhaps we should try to economise a
to do? . . . . . bit.
d How much do you want for this drawing? . . . . 4 Yes, my Aunt Clara left it to me.
. 5 Well, we’ve nearly paid it all back.
e Did you inherit this house? . . . . . 6 To JB Woolbury PLC.
f Your dog must have cost a lot of money. . . . . . 7 Actually I got it for nothing.
g Do we still owe the bank any money? . . . . . 8 I think they accept traveller’s cheques
h How much do you make a year? . . . . anyway.
i Can we change money at the hotel to pay the 9 I’ve got quite a good salary actually.
bill? . . . . . 10 Don’t worry, we’re insured.
j Why are you putting so much money in the
bank? . . . . .

St1: a - 6, b – 3, c – 10, d – 1, e – 4, f – 7, g – 5, h – 9, i – 8, j – 2.
T: Very good. Now, complete each sentences with a word or phrase formed
from pay. Each space represents one word. Please, do it in chain.
St1: You can pay the full price now, or make six monthly payments.
St2: If you lend me the money, I’ll pay you back next week.
St3: I haven’t got enough money to pay for the suit now.
St4: We have paid a lot of money for the decorating of this house.
St5: Whenever Alan loses a bet he refuses to pay off.
St6: Thank goodness it’s Friday today. It’s a pay day.
St7: I must do something about all these payment bills.
St8: Please make the cheque payment to R.D. Smith.
St9: Take this money and pay it outright to the bank.
St10: I like my job, and it’s very well-paid.
T: Look up the following words and phrases in the dictionary and fill in the
gaps with them. Pay attention to the context.

money-box to go down\up in value (2) coin slot on credit

value
to pay the value of smth of value to toss up (spin) a coin change
to be good value for money money agent to be short of cash (2)

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St1: I’ve got a lot of birthday presents. Among them there is a nice money-
box to put money in. Actually it is a pink pig with a coin slot in its head. It has two
functions: to decorate my table and to store my wealth.
St2: The company is a bit short of cash right now.
St3: They were thirsty but nobody agreed to go and bring some water, so
they decided to toss up a coin.
St4: Shares can go down as well as up in value.
St5: The thieves took nothing of value.
St6: Can you give me change for a ten pound note?
St7: A heavy storm has damaged Tom’s house. Nobody can pay its value.
There is no sense repairing it so Tom decided to buy a new one. His friend, a
money agent, advised him to wait because now the houses are too expensive, but
soon they will be good value for money.
St8: The book is up in value for five dollars.
St9: The alterations doubled the value of the house.
St10: Yesterday he wanted to buy a TV, he couldn’t pay cash for he was
short of cash, so he bought it on credit.
T: That’s correct. And now, choose the most suitable word for each space.
Someone once described the age we live in as that of a vanishing world, one in which the
familiar is constantly disappearing forever and technological change is often difficult to
1)………… with. So it should come as no surprise to most of us to hear that yet another part of
everyday life is 2) ………… to go forever. Still, when I read recently that within the next decade
money as we 3) ………… it will probably cease to exist in technologically advanced countries. I
had to read the article twice to make sure it wasn’t April 1st . 4) ………… to Professor Gerry
Montague of the Institute for Economic Reform, the familiar 5) ………… and banknotes will
soon be replaced entirely by credit cards of various kinds. And the shop of the future (the ‘retail
outlet’ as Prof. Montague puts it) will be 6) ………… directly to the network of banking
computers. The assistant will simply key in your bank account code number and the 7) …………
you have spent, and thank you politely. You won’t have to dig deep in your 8) ………… for
change or pretend at the pub that you have left your money at home. You may not have a number
for your 9) ………… as such, as the computer may by then be able to read your handprint. So no
more credit card frauds 10) ………… . But I am afraid that I shall 11) ………… money. I have
felt strongly attached to it, ever since I received my first pocket money when I was five, and kept
it in a money box. Even if my credit card of the future will be able to tell me exactly how much
12) ………… power I have left in the computer files, even if it lights up and plays a happy (or
sad) tune at the same time, nothing will be able to replace the sheer pleasure I gained from
13)………… the coins in my money box. Not to 14) ………… the other obvious problems
which will be caused by 15) ………… of real money – like how to start a football match, for
example!

1) A) keep B) manage C) cope D) survive

2) A) about B) almost C) ready D) tending

3) A) earn B) know C) use D) need

4) A) Thanks B) Contrary C) According D) Accustomed

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5) A) banks B) coins C) change D) pence

6) A) taken B) alone C) responsible D) linked

7) A) money B) charge C) cost D) amount

8) A) pockets B) wallet C) cheque book D) cash

9) A) wealth B) savings C) account D) payment

10) A) arrested B) either C) stolen D) however

11) A) miss B) spend C) waste D) borrow

12) A) more B) financial C) economical D) spending

13) A) rattling B) withdrawing C) estimating D) throwing

14) A) tell B) confront C) guess D) mention

15) a shortage B) an expense C) an absence D) a replacement

St1: 1 - C) cope, 2 - A) about, 3 - B) know, 4 - C) According, 5 - B) coins, 6

- D) linked, 7 - A) money, 8 - A) pockets, 9 - C) account, 10 - B) either, 11 - A)
miss, 12 - D) spending, 13 - A) rattling, 14 - D) mention, 15 - 15) a shortage.
T: In each sentence choose one or more appropriate words.
St1: Harry gains /gets /makes over $20 000 a year.
St2: Mary was awarded a grant /scholarship /subsidy to study child
psychology.
St3: How much did you give /pay /take for your new car?
St4: Their house fetched /produced /sold for a lot more than they expected.
St5: I’m going to the bank to get out /remove /withdraw the money for the
rent.
St6: The manager disappeared with the receipts /takings /wages from the
concert.
St7: By the time Kate retired she was a fortunate /prosperous /wealthy
businesswoman.
St8: We had a good holiday but it was rather costly /expensive /valuable.
St9: We would appreciate it if you would close /settle /pay your bill as soon
as possible.
St10: Unfortunately the old painting I found turned out to be priceless
/valueless/worthless.
T: Complete each sentence with one of the words given.
account company enterprise market price claim currency

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figures payment venture

St1: John became rich by playing the stock market.
St2: We have decided to turn our business into a limited enterprise.
St3: This government believes firmly in the value of free figures.
St4: I am interested in buying the property, but I find the price too high.
St5: I am saving money to make the down payment on a new car.
St6: We put in an insurance claim after our house was damaged in the storm.
St7: Everyone was impressed with the sales company for the new product.
St8: Margaret lost a lot of money in an unwise business venture.
St9: Our company receives a lot of payments in foreign currency.
St10: I keep most of my money in a savings account.
T: Match each sentence a) to j) with a sentence from 1) to 10) which has a
similar meaning. You have five minutes for this exercise.
a) We have to haggle. 1) We spend a lot.

b) We have a nice little nest-egg. 2) We don’t waste money.

c) We have high expenditure. 3) We let people borrow from us.

d) We get it free. 4) We are paid according to what we sell.

e) We are in debt. 5) We argue about the price.

f) We are very thrifty. 6) We earn a lot.

g) We are on commission. 7) We don’t have to pay.

h) We want a rise. 8) We need higher wages.

i) We lend money. 9) We owe money.

j) We have a high income. 10) We have some savings.

T: Choose the most suitable word or phrase.

St1: The ………. price is always lower than the retail price.
a) wholesale b) bargaining c) cut b) budget
St2: I still have three more ………… to pay on my motorbike.
a) shares b) donations c) instalments b) contributions
St3: We had to give the customs official a …….. not to inspect our
suitcases.
a) fee b) reward c) bonus d) bribe
St4: A multinational company has made a/an …… to take over our firm.
a) bid b) venture c) investment d) estimate

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St5: As soon as you buy a car, it starts falling in ……. .

a) cost b) worth c) value d) price
St6: I……. you don’t make as much profit this year!
a) assure b) challenge c) bet d) doubt
St7: Things are going well. In fact, business is …… .
a) soaring b) booming c) leaping d) rolling
St8: We demanded pay rises to take account of the … of inflation.
a) figures b) percentage c) price d) rate
St9: Mr Sacked has just lost his job, his aunt’s legacy came as a useful …….
a) advantage b) benefit c) profit d) windfall
St10: The two men …….. a coin to see who should take care of the business
at the weekend.
a) hurled b) tossed c) lobbed d) threw
St11: Before starting a new business, you have to raise the necessary……….
a) currency b) investment c) capital d) savings
T: Now, let’s revise the topical vocabulary. I say in English and you
translate into Ukrainian.
Topical words and phrases to remember:

Lack of money Abundance of money

● I am in want of money ● I am in cash
● I am pressed for money ● He is a multi-millionaire
now ● I have some spare / cash money
● I am badly off ● It's a handsome sum
● This is my bottom ● He is rolling in wealth
penny ● He is well-to-do
● He is short of money ● She inherited millions (an oil-heiress)
● She is out of cash ● They won a fortune
● It is beyond my means ● She is extremely well-off
● I am as poor as a church ● You are looking very prosperous
mouse ● They live in an affluent society
● I am a bit hard up at the ● He is comfortably off
moment ● She lives in the lap of luxury
● I am broke
● They are on the Expenses
breadline
● I'm afraid we are ● Expense is no object to me
bankrupt, gentlemen ● To get something at any cost
● I know what it's like to ● To get something for love or money
be poverty-stricken ● To spend money right and left
● I am running in debt ● His money burns a hole in his pocket (money runs
● I'm a few thousand in through his fingers)
the red ● He is a spendthrift (a squanderer)
● I'm up to my ears in ● To meet great expenses
debt ● Household/medical/living/travelling etc
● He is up to his neck in expenses

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debt
● He is head over ears in
debt
● He is indebted to his
friend
● He is a miser (money-
grubber)

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