Money: its functions

1
Money its functions

• Unit 2

2
Vocabulary 1

• Be defined AS sth.
• Readily acceptable
• A settlement of a debt
• Fulfill- satisfy
• Accept-receive, take, acknowledge
• Wage
• Exchange sth. FOR sth.
• Barter- trade, exchange
• Take place- happen
• Coincidence-co-occurrence

• FOR example- for instance
• Acquire-gain, obtain
• Difficulty- problem
• Limit-boundary
• Thus-therefore
• Inhibit-supress, confine, subdude
• Growth-development, increase
• Be associated WITH sth- be connected with sth.
• Once

3
Vocabulary 2

• Generally accepted
• Means-method
• Owner-proprietor
• Output
• Be willing to do sth. be ready, prepared to do
  sth.
• IN exchange FOR
• Measure-gauge
• Disparate- different, contrary, unlike
• Make up sth- compose sth.

• Barrel
• Suit
• Furniture
• A common measure
• Allow sbd. to do sth-let sbd. do sth
• Compare- contrast
• Aggregate (v.)-amount, combine
• Serve-function
• Calculate-account
• Possess-own
• Memento-mementoes-souvenir, reminder

4
Vocabulary 3

• Value highly
• Worthless-valueless
• Comment ON sth.
• Put aside- set aside
• Current income
• Useful
• Save for the old age
• Require-request, demand
• Involve- engage
• Contract-deal
• Future- prospective

• Hire purchase
• Mortgage
• Long-term
• Commonly agreed-
• A means of payment
• Uncertain-unspecified
• Creditor-poverilac, onaj koji potrazuje
• Adversely-in an opposite direction, harmufully
• Equally
• Unacceptable

5
Vocabulary 4

• OVER time
• Discourage-put off, deter
• Devalue
• Fear (v.)-be afraid of
• A decline- a fall, a plunge, a decrease
• Currency
• Cause (v.)
• MEDIUM OF EXCHANGE- SREDSTVO RAZMENE/PROMETNO
  SREDSTVO

• UNIT OF ACCOUNT-NOVAC KAO JEDINICA OBRACUNA, KAO
  MERA VREDNOSTI
• STORE OF VALUE- NOVAC KAO KONZERVATOR VREDNOSTI,
  NOVAC KAO FUNKCIJA AKUMULACIJE
• STANDARD OF DEFERRED PAYMENT-STANDARD ODLOŽENIH
  PLACANJA