Instead of |
Consider |
accrue | build up |
arrears | money owed after it is due |
asset | property |
balance | amount |
benefit in kind | perk |
capital | amount of money being invested |
credit | loan |
credit limit | maximum loan |
creditor | person or company owed money |
debit | payment from an account |
debt consolidation | combining debts |
debtor | person or company owing money |
deeds | proof of ownership |
default | miss a payment |
depreciation | drop in value |
exclusion | not covered |
exempt | free from |
expenditure | spending |
gross | total |
instalment | payment |
liabilities | debts |
lump-sum | once-off payment |
mature | come to an end |
means | income or property besides a family home |
net income | income after tax |
outgoings | expenses, spending |
overdue | not yet paid |
overheads | costs |
per annum | a year |
policy | plan |
policyholder | customer |
premium | contribution, payment |
principal | loan amount |
remittance | payment |
remuneration | pay, earnings |
signatory | person who signs |
surcharge | extra charge |
transaction | payment into or out of an account |
variable | can change |
withdraw | take out |