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Chapter 33 - Personal Finance


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to keep afloat
to have enough money to pay what you owe (can also be "staying afloat")
to supplement
to add something to something to make it larger or better
to clear your debts
to pay in full
to run up huge debts
to continue to spend and therefore owing a large amount of money
outstanding bills
not yet paid
to run up an overdraft
amount of money that a customer with a bank account is temporarily allowed to owe to the bank
credit-card fraud
crime of misusing another person's credit card without their permission
identity theft
stealing someone's personal details, usually in order to access their bank accounts or credit cards
to run up
to accumulate
falsified
changed something, e.g. a document, in order to deceive people
to put down a deposit
to pay a sum of money in advance as part of a total payment
default on repayments
to fail to pay a debt
to call in loans
to demand that a person pay back the money the bank has lent to them
written off debts
accepted that an amount of money has been lost or that a debt will not be paid