PERSONAL FINANCE AND THE ECONOMY
33.1 Match word form each box to form collocations from the opposite page and use them to complete the sentence below (Borrow, Make, Spend, Stay, Supplement, a float, afortune, heavily, my income and then a payment)
- I make a payment of €500 every month to my credit-card account.
- When I was a student I got a job in a fast-food outlet to supplement my income.
- I used to borrow on books when I was at university
- I had no grant or scholarship, so I had to spend a payment to finance my studies
- Small firms find it difficult to stay a fortune when costs and interest rates are high.
33.2 Copy and complete collocation bubbles using words from the box. Some wordscollocate only
with debt, some only with overdraft and some with both. Use adictionary to help you find one
more collocation for each bubbles.
1. To arrange a (overdraft)
2. A bad (debt)
3. To be in (overdraft)
4. To clear a (overdraft)
5. Deep in (debt)
6. Facility (overdraft)
7. To get a (overdraft)
8. To get into (overdraft)
9. A hefty (debt or overdraft)
10. The national (debt or overdraft)
11. To pay off a (debt)
12. Ridden (debt)
13. To run up (debt)
14. An unauthorized (debt)
33.4 Answer the question about collocations from the opposite page
1. What object is a person or company being compared to when we use the collocation keep orstay
a float metaphorically?
(The object is a company)
2. What are you eventually expected to do with a loan ?
(No, I will not expected to do with loan)
3. If a bank calls in a loan, do they (a) give it (b)write it off (c) demand full payment
(They write off)
4. If someone defaults on a payment, do they (a) not make it (b) make it in full (c) partially
make it
(They not make it)
5. What is the crime called when someone make illegal use of another person’s credit card?
(The crime called when someone do a default payment)
34.1 Match the beginning of each sentence with its ending
1. The government is finding it very difficult to curb (Inflation)
2. The country is suffering because of the current economic (Climate)
3. Although heavy industry is in decline, service industries are (Thriving)
4. The CEO is anxious to safeguard his company’s (Thriving)
5. New machinery has enabled the factory to increase its (Output)
6. The tax authorities plan to tackle the issue of undeclared (Interest)
7. The budget plan explains how we intend to allocate our various (Exclusion)
8. We must tackle and solve the problem caused by social (Earnings)
34.2 Which of these phrases would a Finance Minister be likely to