Daily Life - Lending Money (C0355)

A:	Can I borrow five bucks?

B:	No!

A:	Come on! I’ll pay you back on Tuesday.

B:	Last time I lent you money, you never paid me back.

A:	I promise if you lend me five dollars today, I will repay you in full next week.

B:	Ok, but I’m taking your skateboard as collateral.

A:	Fine! I can’t believe you don’t trust me.

B:	It’s nothing personal, just business.

Key Vocabulary

borrow		to take or have something temporarily
bucks		dollar (slang )
lend		to give something to someone temporarily
repay		pay back
trust		confident expectation of something; hope.
collateral		security pledged for the payment of a loan

barter		the act of exchanging goods for other goods
mooch		a person that is always asking to borrow money or food
loan		Something lent for temporary use
interest		a percentage added to a loan as a fee for lending money
past due		the status of a scheduled loan payment that has not been paid on time.