Banking and Finance Vocabulary Quiz
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Questions and Answers

What is a 'tenner' in the United Kingdom?

  • A ten pound coin
  • A ten pound sum
  • A ten pound banknote (correct)
  • A ten pound salary
  • Which type of currency includes the US dollar, the Yen, and the Euro?

  • Dollars
  • Currency (correct)
  • Euros
  • Yen
  • What are hundred dollar bills and twenty pound notes classified as?

  • Wages
  • Salary
  • Banknotes (correct)
  • Coins
  • What is the term for a large amount of money, such as 2,000,000 Swiss francs?

    <p>Sum</p> Signup and view all the answers

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

    <p>Payment to employees</p> Signup and view all the answers

    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.

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    Description

    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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