Banking and Finance Vocabulary Quiz

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EverlastingBowenite950
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5 Questions

What is a 'tenner' in the United Kingdom?

A ten pound banknote

Which type of currency includes the US dollar, the Yen, and the Euro?

Currency

What are hundred dollar bills and twenty pound notes classified as?

Banknotes

What is the term for a large amount of money, such as 2,000,000 Swiss francs?

Sum

What does 'wages' refer to in the context of employment?

Payment to employees

Study Notes

Currencies and Money

  • In the United Kingdom, a 'tenner' refers to a £10 note.
  • The US dollar, the Yen, and the Euro are examples of fiat currencies.
  • Hundred dollar bills and twenty pound notes are classified as banknotes.
  • A large amount of money, such as 2,000,000 Swiss francs, is referred to as a fortune.
  • In the context of employment, 'wages' refers to the money earned by an employee from their job.

Test your knowledge of basic banking and finance terminology with this quiz. Fill in the blanks with the correct words related to money and currency.

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