Exam: BEC Preliminary

Definition: A book used to record all money that comes in and goes out, including cash receipts and payments.

Example: The accountant updated the cashbook to reflect the latest transactions.

Definition: A container used to store money, often found in businesses or homes.

Example: The cashier opened the cashbox to give change to the customer.

Definition: A person who works in a store or bank and is responsible for handling money and processing transactions with customers.

Example: The cashier scanned my items and told me the total amount to pay.

Definition: To remove someone from their job or position, usually because of a mistake or wrongdoing.

Example: The company decided to cashier the manager after the incident.

Definition: This word describes something that costs less than all others in a group.

Example: This store has the cheapest prices for groceries in town.

Definition: The quality or condition of being low in price or cost.

Example: The cheapness of the product made it very popular among budget shoppers.

Definition: To work in a job that involves keeping records, helping customers, or performing administrative tasks.

Example: She clerked at the local bookstore during the summer.

Definition: A person who works in an office or at a service desk, handling tasks like keeping records, assisting customers, or managing paperwork.

Example: The clerk at the hotel helped us check in quickly.

Definition: Relating to or requiring the use of metal money, such as coins, for operation or function.

Example: The coin-operated machine only accepts quarters.

Definition: A small, flat, round piece of metal that is used as money.

Example: I found a coin on the sidewalk while walking to the store.

Definition: To create a new word or phrase, or to produce money from metal.

Example: The artist decided to coin a new term for her unique style of painting.

Definition: A person who assists someone in a job or task, often in a professional setting, such as a deputy or a clerk.

Example: The commis helped the chef prepare the ingredients for the evening's dinner service.

Definition: A piece of paper or a digital code that gives you a discount or a special offer when you buy something.

Example: I used a coupon to save money on my groceries.

Definition: A lower price than usual for goods or services.

Example: The store is having a discount on all winter clothing.

Definition: To lend money after taking away interest from the total amount.

Example: The bank will discount the loan amount before giving it to you.

Definition: A lower price than the usual or original price for a product or service.

Example: The store is offering a 20% discount on all shoes this weekend.

Definition: To reduce the price of something or to take away a certain amount from a total cost.

Example: The store decided to discount all winter clothing to make room for spring items.