#102 Going to the bank - Banking and money vocabulary in English (rep)- ESL

#102 Going to the bank - Banking and money vocabulary in English (rep)- ESL
READ the TEXT here: https://SpeakEnglishpod.com

Hi, everybody! I’m Georgiana, your online English teacher. My mission is to help you to speak English fluently. Speaking English is way easier when you use the right material and techniques.

In the first part of this episode, I’m gonna talk about lending and borrowing something and how to get a loan from the bank.

And in the second part, you’ll practice your spoken English with a question and answer mini-story.

All right, let’s get started!

Today I’d like to talk about loans and the related vocabulary. Loans have always been a feature in all countries, societies, and cultures. Person A has some money, and person B needs money. Then person A can lend money to person B.

When we talk about lending, we don’t talk about giving. Giving means permanently, without a time limit. For example, if I say “I’ll give you the car,” it means that the car won’t be mine anymore, it’ll be yours.

When someone gives a loan, it’s under certain conditions. That is, he agrees to give money under certain conditions. You can say, “give a loan,” or more formally “grant a loan.“

#102 Going to the bank - Banking and money vocabulary in English (rep)- ESL
READ the TEXT here: https://SpeakEnglishpod.com