Daily Life - Lending Money (C0355)

A:

Can I borrow five bucks?

B:

No!

A:

Come on! I’ll pay you back on Tuesday.

B:

Last time I lent you money, you never paid me back.

A:

I promise if you lend me five dollars today, I will repay you in full next week.

B:

Ok, but I’m taking your skateboard as collateral.

A:

Fine! I can’t believe you don’t trust me.

B:

It’s nothing personal, just business.

Key Vocabulary

borrow

to take or have something temporarily

bucks

dollar (slang )

lend

to give something to someone temporarily

repay

pay back

trust

confident expectation of something; hope.

collateral

security pledged for the payment of a loan

Supplementary Vocabulary

barter

the act of exchanging goods for other goods

mooch

a person that is always asking to borrow money or food

loan

Something lent for temporary use

interest

a percentage added to a loan as a fee for lending money

past due

the status of a scheduled loan payment that has not been paid on time.

Online Review and Discussion.   ©2011 Praxis Language Ltd.